SILVER ( TRADING ABOVE DEMAND ZONE ) ( 4H )

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XAGUSD

HELLO TRADERS

  • Tendency , the price is under bullish pressure , until trading above turning level .

  • TURNING LEVEL : the price of turning level around , 28,68 , so if the price breaking this level reach a first support level , as long as silver price trading above this level reach a first resistance level .

  • RESISTANCE LEVEL (1) : this level around 29,66 , for reach this resistance the price it will stabilizing turning level or corrective this level .

  • RESISTANCE LEVEL (2) : around 30,48 , for reach this level it will be breaking by open 4h candle above resistance level (1)

  • SUPPORT LEVEL (1) : this level around 28,01 , for reach this support level the price need breaking a turning level .

  • SUPPORT LEVEL (2) : support level at 27.12 , for reach this level the price will be breaking by open 1h or 4h candle below support level (1) .

  • CORRECTIVE : the price may be corrective turning level at 28,68 , before rising .

TARGET LEVEL :
  • RESISTANCE LEVEL :29,66 , 30,48 .
  • SUPPORT LEVEL : 28,01 , 27.12 .
Trade attivo
Chart PatternsHarmonic PatternsSilversilveranalysissilverchartssilverusdTrend AnalysisxagdollarXAG USD ( Silver / US Dollar)xagusdanalysisxagusdideaxagusdtrade

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