Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
SILVER (XAGUSD):Important Bearish Breakout
CFDs on Silver (US$ / OZ)
Short
SILVER (XAGUSD):Important Bearish Breakout
By linofx1
Follow
Follow
5 days ago
5
1
1
5 days ago
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.
Chart Patterns
Supply and Demand
Support and Resistance
linofx1
Follow
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇
t.me/linofx1999
Also on:
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
.