CFDs SILVER (US$/OZ)Giá xuống
SILVER (XAGUSD): Important Decision Ahead
The increase in SILVER price has halted after reaching a significant weekly resistance level.
On a 4-hour timeframe, there is a narrow horizontal range forming along with a rising channel, with the market already breaking the support line of the channel.
The last obstacle for sellers is the support within the horizontal range at 32.42 - 32.23 on the 4-hour chart. A break and close below this level would indicate a strong bearish signal.
There is a possibility of a retracement from this pattern, potentially reaching down to 31.44.
However, if the price breaks above the resistance of the range, we may consider looking for long positions.
On a 4-hour timeframe, there is a narrow horizontal range forming along with a rising channel, with the market already breaking the support line of the channel.
The last obstacle for sellers is the support within the horizontal range at 32.42 - 32.23 on the 4-hour chart. A break and close below this level would indicate a strong bearish signal.
There is a possibility of a retracement from this pattern, potentially reaching down to 31.44.
However, if the price breaks above the resistance of the range, we may consider looking for long positions.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.