XAG/USD Signal - Feb. 20, 2013
Yesterday, the ounce of silver reached the double top target (top at 32.30$) at $29.25, leading some of the stakeholders to redeem themselves. The formation of a new low should indicate the end of this delaying movement and thus should send a new bearish signal with a target at $28.30.
Direction: Sell (trigger threshold at 29.15)
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