XAGUSD/ Silver Forecast

24 sept. 2021

XAGUSD created a bearish trend hike AB=CD (in blue) after it failed to break out of the bearish trend line this morning. We also have another bullish trend (H1 timeframe) that was respected until it broke out recently. We witnessed it retest the breakout and bounced off creating our first bottom and now our second bottom (in white). I now anticipate it to complete our double bottom and proceed to be bearish meeting point D second and finally our structure resistance.

Goals

TP1 22.50
TP2 22.33 (CD)
TP3 22.19

24 sept. 2021

Trade fermée: cible de profit atteinte

#XAGUSD TP¹ HIT

24 sept. 2021

Trade fermée: cible de profit atteinte

#XAGUSD TP² HIT

24 sept. 2021

Trade fermée: cible de profit atteinte

#XAGUSD TP³ HIT