Silver (XAG) Technical Analysis 18 July 2018 - New Lows Coming?
The price broke a very important support and is now heading towards $15.
I expect the price to retrace to the resistance level at $15.70 before going down, forming a new low.
Any short position should have a stop loss that is above the bottom of the triangle, so above $15.70 area.
Follow me: @forex-intraday
Website: http://quoraforexquestions.com/
Legal Disclaimer: By viewing any material or using the information within this blog, you agree that it is general educational material and you will not hold anybody responsible for loss or damages resulting from the content provided here. Trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in currency markets. This article is neither a solicitation nor an offer to buy/sell any financial instrument.
Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
#bitcoin #ethereum #ripple #xrp #bitcoincash #eos #litecoin #stellar #lumen #cardano #ada #iota #tether #neo #tron #monero #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #steem #money #life #cryptocurrency #cryptocurrencies #altcoin #altcoins #trading #invesment #investments #forex #forextrading #fx #fxtrading #fxmarket #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #bcd #bitcoindiamond #diamond #digibyte #dgb #spx #xau #xag #usdjpy #usd #amazon #amzn #google #googl #alphabet #xem