As always, when things are not so clear with Gold, I look at Silver, is more technical and often gives me "clues"
As I said in a previous analysis, unlike Gold, Silver didn't made a new local low this week and stopped in strong 22 support.
This week was finished with a bullish engulfing from this support and adding this fact to the bull trend that we are already in, I expect a continuation to the upside.
For a clear confirmation, XagUsd needs to conquer 24.50 resistance and I expect acceleration to the next important resistance at 26.
As long as the price is above 22 buy dips is my strategy
As I said in a previous analysis, unlike Gold, Silver didn't made a new local low this week and stopped in strong 22 support.
This week was finished with a bullish engulfing from this support and adding this fact to the bull trend that we are already in, I expect a continuation to the upside.
For a clear confirmation, XagUsd needs to conquer 24.50 resistance and I expect acceleration to the next important resistance at 26.
As long as the price is above 22 buy dips is my strategy
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📈 Join the FREE Forex & Gold Channel
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💎 Join the FREE Crypto Channel
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📈 Join the FREE Forex & Gold Channel
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💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.