Silver 1H short
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There are multiple bullish jeddingen divergences (price vs momentum) on XAGUSD 1H chart.
Silver is in an uptrend, price is currently above the EMA200.
MACD is about to cross the signal line.
I expect a drop into the direction of the EMA200 / the weekly pivot, before the uptrend is continuing.
Profit target is $16.584
Silver is in an uptrend, price is currently above the EMA200.
MACD is about to cross the signal line.
I expect a drop into the direction of the EMA200 / the weekly pivot, before the uptrend is continuing.
Profit target is $16.584
Trade chiuso: obiettivo raggiunto
price went down as predicted
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