Silver / U.S. Dollar
Short
Updated

#XAGUSD: Intraday Selling Setup Worth 1000+ Pips Or More!

2 071
🔺Silver’s price has fallen from our previous analysis area. Strong confirmation suggests selling the swing and setting a take profit at the $47 or $48 level is more suitable for swing buyers. This area needs filling as it’s left a significant liquidity gap.

🔺Our view is the price could reach $59 or $60 before dropping. Our primary swing target is $47, a bearish move of about 1100 pips. However, this analysis can also be used for intraday trading given the market’s volatility. For a 1100-pip drop, similar fundamental support is needed. If you agree, please like and comment.

Good luck and trade safely!

Team Setupsfx_👨‍💻❤️
Trade active
310+ pips price is dropping since our entry zone! More drop is likely to continue.

snapshot

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