As you can see in the Hourly chart of XAGUSD, it opened this week at 75.5168 level, giving us a bearish NWOG, at first it dropped 74.7331 level, reaching the Bullish OB, and then it bounced back up, reaching a high of 76.5857 and then it dropped back down, currently being traded at 75.8500, just below the April 13th NWOG High at 75.9315.
For this week, considering all the geopolitical tensions and news, I expect Silver to bearish and go lower and struggle to go higher. Currently I'm eyeing 75.4380 level the minor Sellside liquidity there and then go below the 74.3331 level to sweep the SSL there as well. After that I expect Silver to drop further to the Consequent Encroachment of the April 13th NWOG at 74.7590. If it fails to stay above the NWOG C.E. and stabilize below it, then I expect it to drop further to the 73.5866 level.
Targets: 75.5000, 75.2500, 75.0000, 74.7500, 74.5000, 74.2500 and 74.000 respectively.
However if Silver somehow manages to break above the April 13th NWOG High, first target will be at 76.5857 level, then at 76.6785 level, and finally above the 77.0285 level to sweep the liquidity pools above these levels.
For this week, considering all the geopolitical tensions and news, I expect Silver to bearish and go lower and struggle to go higher. Currently I'm eyeing 75.4380 level the minor Sellside liquidity there and then go below the 74.3331 level to sweep the SSL there as well. After that I expect Silver to drop further to the Consequent Encroachment of the April 13th NWOG at 74.7590. If it fails to stay above the NWOG C.E. and stabilize below it, then I expect it to drop further to the 73.5866 level.
Targets: 75.5000, 75.2500, 75.0000, 74.7500, 74.5000, 74.2500 and 74.000 respectively.
However if Silver somehow manages to break above the April 13th NWOG High, first target will be at 76.5857 level, then at 76.6785 level, and finally above the 77.0285 level to sweep the liquidity pools above these levels.
トレード終了: 利益確定目標に到達
By analyzing the Hourly chart of Silver we can see that after an initial reaction to the Bullish OB and reaching the 76.1600 level, above the April 13th NWOG High, Silver started to drop and went as low as 72.8825 level, meaning all of our targets have been reached.Cheers! 🥂
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Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。