Since the low back in June 2022, Silver has traded in a range and although there were 4 attempts for a break under 18usd figure and even a false break at the beginning of September, bulls held strong and finally won the battle.
XagUsd started to rise in October and broke above the resistance of the 6 months range in November. A nice rise followed and the precious metal has gained more than 6k pips in 3 months if we count from the bottom to the top.
However, at this point, Silver looks like it wants to correct and the first and the second trading days of the year are Pin Bars.
The ascending trendline is also broken to the downside and these could be signs of an imminent drop.
My strategy is to sell rallies against 22.80 with a target at the 22 zone. Also, a deeper correction could drive the price even at 21 important support.
XagUsd started to rise in October and broke above the resistance of the 6 months range in November. A nice rise followed and the precious metal has gained more than 6k pips in 3 months if we count from the bottom to the top.
However, at this point, Silver looks like it wants to correct and the first and the second trading days of the year are Pin Bars.
The ascending trendline is also broken to the downside and these could be signs of an imminent drop.
My strategy is to sell rallies against 22.80 with a target at the 22 zone. Also, a deeper correction could drive the price even at 21 important support.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。