Silver / U.S. Dollar
Long
Updated

Trade idea for XAGUSD SILVER, The major run is getting prepared

158
XAGUSD broke the trendline, retested it and continuing for a rally
its a long term hold
Also it has retested the weekly 200ema so beautifully
I have put the aggressive stoploss you can adjust it according to previous swing low according to you
Note
Expecting 18.6 level first then a retrace to 17.2-17.4
and buy this retrace area 17.2-17.4 for long term and have a fortune!
Note
snapshot
Note
snapshot

Just look at the level i mentioned...what a beauty!
it nicely reached that area..made a wick and closed below
Note
snapshot

Followed exactly the retracement line i mentioned earlier and following the case1
going great as per analysis!

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.