XAGUSD (SILVER)Dear Traders,
Hope you had a great weekend, now as we look into XAGUSD, last three daily candle closed completely bullish which indicates a further bullish price continuous. We also need to consider one important fact here that XAU AND XAG both metals are positively correlated. It is advisable to wait until price come to our area and then we can take entry with proper entry.
Have a great trading week ahead!
Xaguusdlong
Lost Money On Silver XAGUSD? Watch This Video To Learn Why!XAGUSD Silver has been a very profitable trade for us at the Sunday open, everything that we have detailed in our previous Silver XAGUSD analysis has unfolded to a T.
As I mentioned on the video, I was going to post a link for our other social media but just noticed that it violates the house rules, so I won't post any link here. Make sure you like & follow to never miss any other tutorial or forecast.
Here's the link to the previous analysis:
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.79 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur to our first resistance at 15.56 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic is also approaching support where we might see a corresponding bounce in price.
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