XAGUSD Long 4h timeframe idea

Oct 10, 2016

XAGUSD looks bullish. According to my analysis resistance can be seen in the areas of 18.000, 18.460, 18.720, 19.300 and 20.070. My first target is set on 18.720. After that I expect a retest towards 18.460 or 18.000 with a subsequent raise up to 19.300 and 20.070 in perspective. My SL is in the 17.000 region.