**SMC|ICT Based Analysis On Silver (XAGUSD)**
Dear Traders,
We extend our best wishes for the upcoming New Year.
🔺Today, we will analyse Silver (XAGUSD). The month of December typically presents reduced market liquidity and volume due to numerous holidays. The market initiated with a positive liquidity gap at $83.50, subsequently experiencing a significant decline. The price descended to $70.44 and is currently trading at $71.51. This substantial sell-off indicates a high probability of further price depreciation. We anticipate the price to fall within the range of $68 to $66.
🔺Entering a position within our identified key levels may prove profitable, with take-profit targets established at the following key levels: the first at $75, the second at $78, and the swing key level at $85. These levels should be utilized as take-profit objectives. For stop-loss placement, we suggest setting it at $66, or at your discretion.
🔺We wish you a prosperous New Year and hope this year fulfils your aspirations. We sincerely appreciate your continued support throughout the years.
Team SetupsFX_
Dear Traders,
We extend our best wishes for the upcoming New Year.
🔺Today, we will analyse Silver (XAGUSD). The month of December typically presents reduced market liquidity and volume due to numerous holidays. The market initiated with a positive liquidity gap at $83.50, subsequently experiencing a significant decline. The price descended to $70.44 and is currently trading at $71.51. This substantial sell-off indicates a high probability of further price depreciation. We anticipate the price to fall within the range of $68 to $66.
🔺Entering a position within our identified key levels may prove profitable, with take-profit targets established at the following key levels: the first at $75, the second at $78, and the swing key level at $85. These levels should be utilized as take-profit objectives. For stop-loss placement, we suggest setting it at $66, or at your discretion.
🔺We wish you a prosperous New Year and hope this year fulfils your aspirations. We sincerely appreciate your continued support throughout the years.
Team SetupsFX_
Trade fechado: objetivo atingido
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FREE TELEGRAM GROUP: t.me/ssetupsfx_success
Looking for intraday signals on Forex and XAUUSD (GOLD)?
Use our bot: t.me/SwingTradersUK_BOT
Looking for intraday signals on Forex and XAUUSD (GOLD)?
Use our bot: t.me/SwingTradersUK_BOT
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.