XAG USD - Short term sell, long term buy
XAG - we have seen a great impulse and made our way up to the supply at 0.786 zone
Where on the daily time frame we have a good order block which was a great indicator for a supply.
We will await for the price to test the upper supply as previous high had wicks - so a possible manipulation stop hunt move may occurs.
We will short as a hedge - due to long positions, but have a good momentum here to make a nice retracement to 16.6 or 15.5-57 zone where a fresh demand awaits.
Let us know your thoughts.
Keep in monday is a low volume day for many vacations around the world.
Thanks,
Lupa
Where on the daily time frame we have a good order block which was a great indicator for a supply.
We will await for the price to test the upper supply as previous high had wicks - so a possible manipulation stop hunt move may occurs.
We will short as a hedge - due to long positions, but have a good momentum here to make a nice retracement to 16.6 or 15.5-57 zone where a fresh demand awaits.
Let us know your thoughts.
Keep in monday is a low volume day for many vacations around the world.
Thanks,
Lupa
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