Silver can rise 3000 pips

От Mihai_Iacob
After the recent drop under 18, Silver corrected higher and reached 19.50-19.80 resistance given by the horizontal level and the falling trend line of a falling wedge pattern.
A new drop followed, but this new attempt of breaking under 18 failed (at least so far)
Considering the importance of the 18 zone support, a level that offered resistance back in 2019 and 2020, I expect a reversal to the upside from Silver and bulls can buy against the recent low with 20.60 and 21.80 in extension as targets.
I will remain bullish as long as 17.80 is intact
Chart PatternsTechnical IndicatorsSilversilversignalTrend AnalysisXAG USD ( Silver / US Dollar)xagusdanalysisxagusdideaxagusdsignalsxagusdtrade
Mihai_Iacob
🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai

Похожие публикации

Отказ от ответственности