XAGUSD: Continuation of Bullish Momentum

2019-11-06 19:26:09

As mentioned in previous posts on XAGUSD, I'm strongly biased that price will rally to $20.00 and then some. Here we have a 1-2-3-4-5 sequence, in which wave 2 is a textbook running flat structure. At current levels, price may probably signal reversal with an ending diagonal/v-pattern. Wait for clear confirmation before looking for any long entries.