VasilyTrader

SILVER (XAGUSD): Price Action Analysis & Bearish Forecast 🪙

Short
OANDA:XAGUSD   Silver / U.S. Dollar

Silver formed a double top pattern, respecting a falling trend line on a daily.
The second reaction from that was strong enough, so the price managed to break a key horizontal support and close below.

I believe that after a minor correction, the market will keep going lower.
Next goal will be a rising trend line.

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