XAGUSD - Silver will reach 30$?!
Silver is above the EMA200 and EMA50 in the 4H timeframe and is trading in its descending channel
If the upward movement continues and silver is placed within the specified supply Zone, we can look for silver sales situations
Correction of silver towards the specified trend line, which is also in the intersection with the demand zone, will provide us with a good buying position in terms of reward to risk
If the upward movement continues and silver is placed within the specified supply Zone, we can look for silver sales situations
Correction of silver towards the specified trend line, which is also in the intersection with the demand zone, will provide us with a good buying position in terms of reward to risk
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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.