XAG/USD - Wedge Breakout (Weekly Forecast Feb 24-28)

23 Feb

The XAG/USD Pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 31.25
2nd Support – 30.67

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23 Feb

Dagangan aktif

Taken

7 hari lalu

Nota

The dollar advanced against major currencies, Gold and Silver prices eased as investors booked profits from the previous session's record high.

6 hari lalu

Nota

4 hari lalu

Nota

The U.S. dollar got stronger because Treasury yields (interest rates on government bonds) went up. This happened as people were thinking about possible changes in trade policies and the economy under President Trump.

3 hari lalu

Dagangan ditutup: sasaran tercapai

with Good Profit