XAGUSD is close to reaching the top of mid time frame falling wedge pattern. Thus the correction wave is very close. As I assume the correction wave will face the support line on the key level in green, as previously this level served both as a very strong and clear support. Therefore I am looking forward to entering opening the swing long position on this key level, as the bullish wave is not over yet. Disclaimer: this is for educational purposes only. Any risk related to trading this commodity is on you. Thanks.
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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.