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Faibik
Dec 16, 2019 11:25 AM

XAG/USD (Silver) | Almost Ready for Wedge Breakout.!! Long

SilverOANDA

Description

XAG/USD (Silver)

Forming Falling Wedge Pattern in Daily Timeframe Chart & Almost Ready for Wedge Breakout.

Printing Bullish Divergence as well in Daily Chart..(Bullish Pattern)

Buying Volume is Increasing But For Breakout, Need Some Strong Volume.

In Case of Breakout, Target will be 18.20 (strong Resistance) & If failed to Break then it might test the 16.5 Region..(Double Bottom)


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Comments
Noldo
Cool !
Faibik
@Noldo Thanks
Odin-J
Weekly chart shows something else. Huge topping tale/shooting star.
Waiting for trend change around
Faibik
@ChenariJawad Thanks you For Adding your Opinion..
Faibik
@ChenariJawad I’ll check weekly chart too
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