Since the start of December 2023, 
XAGUSD has been clearly trending downward, establishing lower highs on our chart and pressing in the 22.00-22.15 support zone.
However, despite yesterday's positive performance for
XAUUSD, Silver remained largely unchanged, further reinforcing this bearish outlook.
The overall structure maintains its bearish trajectory as long as the price remains below the 23 zone. Regarding targets, the support at the 21 zone presents a favorable risk-to-reward ratio if we choose to sell rallies above 22.50.
XAGUSD has been clearly trending downward, establishing lower highs on our chart and pressing in the 22.00-22.15 support zone.However, despite yesterday's positive performance for
XAUUSD, Silver remained largely unchanged, further reinforcing this bearish outlook.The overall structure maintains its bearish trajectory as long as the price remains below the 23 zone. Regarding targets, the support at the 21 zone presents a favorable risk-to-reward ratio if we choose to sell rallies above 22.50.
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📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.