XAGUSD or Silver - 75000-77000 has a few resistances.
Utilise 9EMA on 21 RSI for direction and utilise the levels mentioned in the chart.
Silver is a wild beast as far as the volatility is concerned, keep a pre ordered stop loss of 500-600 bucks in the system - or it will take you for a ride.
After y'day's correction (loss on momentum), I would be more comfortable shorting on rallies.
Silver is a wild beast as far as the volatility is concerned, keep a pre ordered stop loss of 500-600 bucks in the system - or it will take you for a ride.
After y'day's correction (loss on momentum), I would be more comfortable shorting on rallies.
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