Since the low of movement on November 30th the precious metal (XAG / USD) screwed up purposefully and is currently within the distribution zone. The first position closings can currently be seen here.
Should the course exhaustion continue, it will again become a counter-impulse with a decline until December 15. come.
An excerpt from past turnaround dates:
- Silver high 12/9, tolerance? Days
- Silver low 11/30, tolerance 0 days
- Silver high 11/6, tolerance 1 days
- Silver low October 29th, tolerance 0 days
(Our turnaround dates have an average tolerance of 3 days. In 80% of the cases it is 2 days.)
Three special analysis methods are used within our swing trading strategy. In this article, only partial aspects were published and do not represent a complete trading system, investment advice or purchase recommendation.