taurisking

SILVER XAGUSD LONG Daily/Weekly

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Silver due for correction , a weekly doji candle close could give a reversal signal for price to move back to retest the descending trendline,
price is at a significant weekly support zone , triple confluence on oscillation , support zone, and reversal candle formation .
Better confirmation after close of next week's candle, if price closes with an engulfing weekly candle close , we are on with the bulls.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.