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KristupasNa
Mar 26, 2024 7:03 PM

XAGUSD pullback entry opportunity. Long

Silver/U.S. DollarFXCM

Description

From my analysis(excluding fundamentals, as they can change over time) I have found quite a good place to enter long positions if Silver has a pullback. We may expect a pullback because Silver is at a price which had a history of being rejected. So maybe this will be a great trading opportunity, I have mapped out a possible entry with an RR of 4. But remember that it is a must to check the fundamentals, as they can influence the price.
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