XAGUSD ( UNDER UPWARD PRESSURE ) ( 4H )

Updated
XAGUSD

HELLO TRADERS
  • Tendency the price trade above turning level at 30.73 , indicates is under bullish pressure

  • TURNING LEVEL : a black line between resistance and support level around 30.73 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level

  • RESISTANCE LEVEL : there is a black line above turning level around 31.48 , indicates selling have already increase this level , so if the price trade above turning level reach this level

  • SUPPORT LEVEL : there is a black line below turning level around 30.11, indicates buying have already increase this level , so if the price breaking turning level reach this level

  • PRICE MOVEMENT : first the price will trying to dropping a turning level around 30.73, after rising to the resistance level around 31.48 , then stable above this level reach 32.01 , if the price breaking turning level reach a support level at 30.11 , then stable by open 4h candle above this level reach a 29.50

TARGET LEVEL :
  • RESISTANCE LEVEL : 31.48 , 32.01
  • SUPPORT LEVEL : 30.11 , 29.50
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Trade active
snapshot
the price trying to reach a turning level before touch a resistance level , beware today we have a PPI news
Trade active
Trade active
snapshot
price still continue bullish , need a retest before rising
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Chart PatternsHarmonic PatternssilveranalysissilverchartssilverforecastsilverusdTrend AnalysisXAG USD ( Silver / US Dollar)xagusdanalysisxagusdideaxagusdsignalsxagusdtrade

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