Silver forms bearish BAT pattern, decline till $14 is possible

FX:XAGUSD   Silver / U.S. Dollar
391 3 10
Harmonic PatternBearish BAT Pattern

Potential reversal Zone (PRZ) - $15.50.

The commodity has recovered till $15.41 after making a low of $14.24. Overall trend is till weak as long as resistance $15.50 holds.

On the higher side any break above $15.50 will take the pair to next target till $16/$16.45.

The commodity minor support is around $14.80 and nay break below will drag further down till $14.40/$13.95.

It is good to sell on rallies around $15.20-25 with SL around $15.51 for the Tp of $14.45/$14
Nice one!
FxWirePro Akil_Stokes
Thank you
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out