SILVER (XAGUSD):Important Bearish Breakout
The yesterday's decision by the FED and the FOMC led to a significant decline in 📉SILVER prices yesterday.
The price dropped below a key support level within a wide horizontal range on the daily chart.
This breakout indicates considerable bearish momentum and suggests further potential for price decline.
The next support level to watch is 28.78.
The price dropped below a key support level within a wide horizontal range on the daily chart.
This breakout indicates considerable bearish momentum and suggests further potential for price decline.
The next support level to watch is 28.78.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.