My Silver (XAGUSD) Trade Idea:
Technical Setup:
Silver is in a descending channel
Rejected upper trendline → Bearish continuation likely
50-MA crossing below 100-MA → Bearish confirmation
Trade Plan:
🔽 Sell Entry: Below 31.00 (Breakout confirmation)
🎯 TP1: 30.30 (First target)
Risk Management:
Stop-Loss: Ideally above 31.30-31.50 (depending on volatility)
Risk-Reward Ratio: Depends on SL, but looks favorable
Additional Confirmation:
Volume spike on breakdown
Retest of 31.00 as resistance after breaking
RSI below 50 (preferably nearing oversold levels)
Would you like to set up TP2 for extended downside potential?
Technical Setup:
Silver is in a descending channel
Rejected upper trendline → Bearish continuation likely
50-MA crossing below 100-MA → Bearish confirmation
Trade Plan:
🔽 Sell Entry: Below 31.00 (Breakout confirmation)
🎯 TP1: 30.30 (First target)
Risk Management:
Stop-Loss: Ideally above 31.30-31.50 (depending on volatility)
Risk-Reward Ratio: Depends on SL, but looks favorable
Additional Confirmation:
Volume spike on breakdown
Retest of 31.00 as resistance after breaking
RSI below 50 (preferably nearing oversold levels)
Would you like to set up TP2 for extended downside potential?
Trade active
🔽 Sell Entry: Below 31.00 (Breakout confirmation)🎯 TP1: 30.30 (First target)
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.