Silver Market Update: Consolidation at Key Resistance
As I mentioned before, I was bullish on 
XAGUSD , expecting the price to reach the 32.30 resistance zone. The price has indeed reached this level and is now consolidating.
With NFP data approaching, we can expect increased volatility, which could determine silver’s next move.
A clear breakout and close above 32.30-32.40 zone would open the door for a rally towards 33.50.
On the other hand, if silver closes below 32, it would indicate that resistance has held, increasing the likelihood of a pullback toward 31.00.
XAGUSD , expecting the price to reach the 32.30 resistance zone. The price has indeed reached this level and is now consolidating.With NFP data approaching, we can expect increased volatility, which could determine silver’s next move.
A clear breakout and close above 32.30-32.40 zone would open the door for a rally towards 33.50.
On the other hand, if silver closes below 32, it would indicate that resistance has held, increasing the likelihood of a pullback toward 31.00.
📈 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。