CFDs on Silver (US$ / OZ)
Long
Updated

XAGUSD Analysis Based On Smart Money Concept

1 137
XAGUSD H4 Chart Insight

Bullish Reversal in Play

Key Points:
- Choch pattern identified after multiple BOS events
- Trend reversal from bearish to bullish confirmed
- Fair Value Gap observed

Market Update:
Silver surges after filling the Fair Value Gap and bouncing off the Point of Interest (POI)

Trade Plan:
SL below POI
TP levels marked on the chart
Trade active
snapshot
TP1 Done.
Set Breakeven For No Loss
Trade closed: target reached
snapshot
Take Profit 2 Done.
Close towards final destination.

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