Silver / U.S. DollarShort
XAGUSD: Counter-Trend Breakout
XAGUSD (Silver) is breaking to the downside. There's a couple of key things I'm watching for this play:
ADR: 89
SL: 80
TP: 180
- Price failed to push higher in the uptrend
- Price is in process of making a sharp breach, crossing below the trend line
- The second floor isn't holding as price is breaching below it
ADR: 89
SL: 80
TP: 180
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