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ForecastCity_World
Jan 20, 2022 1:57 PM

💡Don't miss the great buy opportunity in SILVER (XAGUSD) Long

Silver / U.S. DollarFOREX.com

Description


Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XAGUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79

Take Profits:

TP1= @ 24.21
TP2= @ 24.52
TP3= @ 24.85
TP4= @ 25.17
TP5= @ 25.58
TP6= @ 26.01

SL= Break below S2

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Comments
DenizKilicDeniz
This is great. Very helpful. Thanks .
ForecastCity_World
@DenizKilicDeniz, Thank you for your comment.
AR_kooshani
Thanks for the great analysis.
ForecastCity_World
@AR_kooshani, You're most welcome!
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