2ndSkiesForex

Short Term Bearish Pressure On - Potential Breakout Setup

Singkat
FX:XAGUSD   Perak / Dolar A.S.
3
Although I'm generally a bull on physical PM's, the paper prices are still bearish and in the intra-day 1hr charts are suggesting another attack on 21.35 is underway. Rallies continue to be sold and the dynamic resistance and 4hr 20ema shows the sellers are happy to take higher prices to sell again.

If the 21.35 level breaks, then look for a breakout retest setup on this level to get short targeting 20.45 and potentially much lower prices as the recent rally from $19 - $25 is in jeapordy.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.