Weekly Price Action Setups & Key Levels | Nov 6-11

silver trade setups 2ndskiesforex

​My current open active trades: GBPJPY, Silver, AUDUSD (option), AUDUSD (spot)

Silver – Attempting to Break Key Role Reversal Level (daily chart)
After rallying early last week, Silver has run into a key role reversal level around 18.45 which we talked about in prior commentaries. For now, MT my bias is bearish while below this level on a daily closing basis.

Bears looking to get short have their trade location while bulls will want to wait for a BOPB setup before getting long.

Check with the members trade setups commentary for updates on how I’m trading this.

 

S&P 500 – ST Below Key Resistance Level, US Election Key (daily chart)
After losing ground for 4 straight days last week, …

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