XAG/USD: silver prices continue to fall 21 September 2017, 09:07

XAG/USD: silver prices continue to fall

21 September 2017, 09:07

Scenario
Timeframe	Intraday
Recommendation	BUY STOP
Entry Point	17.00
Take Profit	17.35, 17.53
Stop Loss	16.85
Key Levels	16.68, 16.80, 16.92, 17.00, 17.16, 17.27, 17.35, 17.53

Alternative scenario
Recommendation	SELL STOP
Entry Point	16.90
Take Profit	16.50
Stop Loss	17.10
Key Levels	16.68, 16.80, 16.92, 17.00, 17.16, 17.27, 17.35, 17.53

Trading tips
Long positions may be opened from the level of 17.00 with targets at 17.35, 17.53 and stop-loss at 16.85. The period of implementation is 2 days.
Breaking through the level of 16.92 may indicate sales with target at 16.50 and stop-loss at 17.10. The period of implementation is 2-3 days.