SILVER (XAGUSD): Is the Bearish Reversal Confirmed?
Silver's price appears to be resuming its downward movement.
After consolidating within a parallel rising channel, it has broken through both a key support level and the channel's support line.
This breakout has formed an expanding supply zone, defined by the horizontal support and the channel's support line.
A further decline seems likely, with the next support level around 31.00.
After consolidating within a parallel rising channel, it has broken through both a key support level and the channel's support line.
This breakout has formed an expanding supply zone, defined by the horizontal support and the channel's support line.
A further decline seems likely, with the next support level around 31.00.
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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.