Mihai_Iacob

Silver- Genuine reversal?

Long
OANDA:XAGUSD   Argento / Dollaro
Two days ago, I said that XAGUSD is trading in important support and, in the eventuality of a break, the price could fall further and could drop to the next important support level.
However, after flirting with 22.20-22.30 zone support, the price reversed strongly yesterday, leaving a large Bullish Engulfing candle on our chart.
This price development could represent a sign of reversal and we could have continuation to the upside.
As long as the horizontal support stays intact, buying dips is my preferred strategy with a target at the next important zone at 23.30-23.40

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.