MrCharlie1

XAGUSD (Silver/US Dollar) short term movement

Short
MrCharlie1 Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
To analyze the XAGUSD (Silver/US Dollar) market based on the given information, we'll outline the potential selling zones, breakout points, and support levels. Here's a step-by-step breakdown of your an

1. Selling Zone (29.19 - 29.60)
This range represents a zone where sellers are expected to come in strong, potentially pushing prices downwards. Traders often look for signs of reversal or bearish patterns within this zone.

2. Breakout
A breakout above the 29.60 level would indicate a move higher, potentially invalidating the selling zone and suggesting bullish momentum.

3. Targets After Breakout
If the price breaks out and then reverses down from the selling zone, the targets for the downward movement are set at 28.50 and 28.00. These levels are considered strong support where buyers might step analysis:

could you like to see a chart with these levels marked, or do you have additional specific details or preferences for the analysis? If you have access to recent price data, I can plot and analyze it for you.

My Goal is 28,00 whats are you think about it shared opinion here
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