SILVER (XAGUSD): Bearish Move From Resistance
The price of SILVER appears to be bearish following a test of significant resistance levels, based on a horizontal and vertical trend line.
Initially, the pair traded within a range before dropping sharply after testing a downward trend line.
This move broke through the support of the trading range with a strong bearish candle. It is likely that the price will continue to decrease, with a target of 30.00.
Initially, the pair traded within a range before dropping sharply after testing a downward trend line.
This move broke through the support of the trading range with a strong bearish candle. It is likely that the price will continue to decrease, with a target of 30.00.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.