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SILVER (XAGUSD): Correction Continues
CFDs on Silver (US$ / OZ)
Short
SILVER (XAGUSD): Correction Continues
By NovaFX23
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Sep 30, 2024
7
5
5
Sep 30, 2024
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.
Candlestick Analysis
Support and Resistance
Trend Lines
NovaFX23
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