XAGUSD Long Continuation Idea
Updated
Silver performed very well towards the end of the previous week, closing after hitting first target of the previous analysis
posted two weeks ago. I cleaned the chart up and revamped it to prepare it for this coming week. I am expecting a short
pullback upon market opening caused by a rejection of level 18.100 as price failed to close above it on Friday. The Bullish
channel is still well preserved and respected by silver and I am expecting a fifth wave to be completed.
Targets:
19.5000
20.0000
21.0000
I hope you enjoy this post, do share and like if you do. If you have any views on gold or silver I would appreciate it if we could
discuss them.
Have a lovely trading week ahead.
posted two weeks ago. I cleaned the chart up and revamped it to prepare it for this coming week. I am expecting a short
pullback upon market opening caused by a rejection of level 18.100 as price failed to close above it on Friday. The Bullish
channel is still well preserved and respected by silver and I am expecting a fifth wave to be completed.
Targets:
19.5000
20.0000
21.0000
I hope you enjoy this post, do share and like if you do. If you have any views on gold or silver I would appreciate it if we could
discuss them.
Have a lovely trading week ahead.
Trade closed: target reached
Targets 1 and 2 achieved
Trade closed: target reached
Target 3 Achieved
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