XAGUSD with a possible strong bullish play
XAGUSD seems to have completed a head and shoulders pattern on its daily chart, it has also made extensive bullish moves which are now being supported at a resistance turned support.
We strongly believe that XAG could become highly bullish based on everything we see in the charts right now.
Some more downside could occur, but it shouldn't drop further than the 24,329 area.
We have already started building a bullish position here and will be adding on it with every opportunity, unless we see reasons that our bullish analysis is fialing.
We strongly believe that XAG could become highly bullish based on everything we see in the charts right now.
Some more downside could occur, but it shouldn't drop further than the 24,329 area.
We have already started building a bullish position here and will be adding on it with every opportunity, unless we see reasons that our bullish analysis is fialing.
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.