SILVER Two Sell TargetsPattern: Channel Down on 1D.
Signal: Bearish as long as the Lower High sequence holds.
Target: 14.400 and if the price bounces back to the resistance then aim at 14.250.
Silvertrading
XAGUSD (Silver) Buy SignalPattern: Channel Up on 1D.
Signal: Bullish as last week the 1D Channel Up made its Higher Low.
Target: 16.500 which is the technical Higher High based on the basis difference between HHs.
GOLD Trade SetupXAUUSD, GOLD long increased 6k by last week. long% increase 1% while short% decreased 1%. professionals open long in small number while closed short in large number. $index no change in short and long in this week.
XAGUSD (Silver) Bullish setupXAGUSD, silver trimmed short 6k by last week. long% increased 2%, short% decreased 2%. speculators profit taking by closing positions of both sides, while non-speculators open short.
Gold Bullish setup#xauusd, xauusd, uptrend line support area 1215-1212, price may test support then fly.
