SILVER (XAGUSD) Breakout & Bearish Continuation

Short

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

Updated

OANDA:XAGUSD Silver / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis futures Gold XAUUSD Silver XAG USD ( Silver / US Dollar)

trendanalysis chartpattern waveanalysis futures gold xauusd silver xagusd

snapshot

Silver broke below a support line of a rising wedge pattern on 1H time frame this morning.

Taking into consideration that the market reached a major daily pivot yesterday,
the breakout is a strong confirmation of a coming bearish move.

Goals:
24.67
24.28

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Comment:

Check my new idea on NZDJPY:

NZDJPY: Potential Pullback Trade

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