XAG/USD (Silver): Possible H&S Pattern
XAG/USD (Silver) is testing a potential Head & Shoulders price pattern, on the daily chart.
Neckline support in red would be 17.36 to 17.60 price range.
Downside breakdown target would be -7%, or 16.39 price range.
If the H&S fails, price would need to breakout above 18.17 and 18.36 to continue the uptrend.
Neckline support in red would be 17.36 to 17.60 price range.
Downside breakdown target would be -7%, or 16.39 price range.
If the H&S fails, price would need to breakout above 18.17 and 18.36 to continue the uptrend.
Trade closed: stop reached:
Resistance Targets completed.
H&S pattern did not complete.
H&S pattern did not complete.
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