EliteTradingSignals

SILVER SHORT FROM RESISTANCE

Short
OANDA:XAGUSD   Argent / Dollar Américain
Hello,Friends!

We are going short on the SILVER with the target of 22.925 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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