After a minor correction at the start of last week and two days of tight range consolidation, 
XAGUSD surged on Friday, gaining approximately 2000 pips.
More importantly, though, it broke above the key resistance zone at 32.35-32.50, in what appears to be an attempt to catch up with Gold’s performance.
As mentioned in my previous analyses, my target for Silver remains around the 35 resistance level.
Now, with this decisive breakout to the upside, it looks like 35 could be the next target in the coming week.
Given this setup, a strong strategy would be to buy on dips, ideally below the 33 level.
This approach could offer an attractive 1:4 risk-to-reward ratio, depending on the stop loss placement.
XAGUSD surged on Friday, gaining approximately 2000 pips. More importantly, though, it broke above the key resistance zone at 32.35-32.50, in what appears to be an attempt to catch up with Gold’s performance.
As mentioned in my previous analyses, my target for Silver remains around the 35 resistance level.
Now, with this decisive breakout to the upside, it looks like 35 could be the next target in the coming week.
Given this setup, a strong strategy would be to buy on dips, ideally below the 33 level.
This approach could offer an attractive 1:4 risk-to-reward ratio, depending on the stop loss placement.
📈 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。