SILVER (XAGUSD): Correction Continues
The earlier bearish prediction on silver was confirmed, as the price declined from the indicated blue resistance today.
Analyzing the 4-hour timeframe, I identified another bearish signal: a breakout below a significant horizontal support level.
I anticipate further bearish movement toward 30.55.
Analyzing the 4-hour timeframe, I identified another bearish signal: a breakout below a significant horizontal support level.
I anticipate further bearish movement toward 30.55.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.