XAGUSD short term bullish action

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Long

Silver/U.S. Dollar (FX:XAGUSD)

FX:XAGUSD Silver/U.S. Dollar

xagusd silver

Hi traders,

On the XAGUSD I am looking at an bullish entry at the low spike that occurred two weeks ago.
Entry: 19.250
Stop: 18.892
Target 1: 19.865 = R:RR 1.77
Target 2: 20.280 = R:RR 2.97

Updating if something happens. Best of luck!

Trade active

Comment: Target 1 hit.

Trade closed manually: Closing trade at a good profit before FOMC meeting.

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What about FOCM Meeting next week?

Dguaman

I expect to hit my entry by tomorrow, so I should be out of the trade by next wednesday. If I haven't entered before the weekend, I will remove my entry. It's definitely something to keep in mind. Weird things can happen during FOMC.

11021992

Ok so if you hit, you will enter and then you will go long for TG2? ..

Dguaman

That's the idea, yes. I will enter a long position at a value of $19.250 and take partial profit at $ 19.865. The remaining part will be taken at $ 20.280.
If you have any questions, send me a personal message :).

11021992

Ok i will Sir.

Target 1 hit.

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