(XAG/USD – Silver vs USD–3h timeframe) Head and Shoulder Pattern(XAG/USD – Silver vs USD – 3h timeframe), a Head and Shoulders pattern is clearly marked, which is a bearish reversal signal.
Key Details:
Pattern: Head and Shoulders
Neckline: Approximately at the 35.90–36.00 level
Breakout Direction: Down
Measured Move Target Method: To estimate the target, subtract the height from the head to the neckline from the neckline level.
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Target Estimation:
Head High: ~36.95
Neckline Level: ~35.90
→ Difference: 36.95 - 35.90 = 1.05
Target 1 (conservative): 35.90 - 1.05 = 34.85
Target 2 (aggressive): Based on the secondary arrow and extended support, it's pointing toward ~34.00–34.20
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📉 Final Targets:
✅ First Target: 34.85
✅ Second Target: 34.00–34.20 (if bearish momentum continues)
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