📊 Weekly Silver Analysis (XAG/USD)
🔍 Technical Outlook by Shaker Trading
📈 Bullish Structure with Potential Correction:
Ascending Price Channel:
Silver is moving within a clear ascending channel on the weekly timeframe, reflecting a sustained upward trend.
Price at Channel Resistance:
Price has recently touched the upper boundary of the channel, suggesting a potential short-term correction.
Demand Zones in Focus:
We’ve identified key demand areas where the price is likely to bounce back up after the expected pullback.
📌 Trading Outlook:
We anticipate a correction to the downside, followed by a bullish continuation from the marked demand zones.
These areas may offer ideal long entries aligned with the overall trend.
🔥 Copy Trading for Free
Trade smarter, not harder – follow our strategies with no fees or subscriptions.
🔍 Technical Outlook by Shaker Trading
📈 Bullish Structure with Potential Correction:
Ascending Price Channel:
Silver is moving within a clear ascending channel on the weekly timeframe, reflecting a sustained upward trend.
Price at Channel Resistance:
Price has recently touched the upper boundary of the channel, suggesting a potential short-term correction.
Demand Zones in Focus:
We’ve identified key demand areas where the price is likely to bounce back up after the expected pullback.
📌 Trading Outlook:
We anticipate a correction to the downside, followed by a bullish continuation from the marked demand zones.
These areas may offer ideal long entries aligned with the overall trend.
🔥 Copy Trading for Free
Trade smarter, not harder – follow our strategies with no fees or subscriptions.
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.
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.