Silver / U.S. DollarShort
XAGUSD: DT Curve Analysis (5D)
(Intermediate Curve Analysis)
SLO2 @ 31.77 📉
SLO1 @ 31.28 📉
TP1 @ 27.43 💰
TP2 @ 25.03
TP3 @ 23.27
TP4 @ 20.55
ADDITIONAL INFO:
✍️ TP1 @ 27.43, can now be used as a Sell Stop Order
📉 Silver has fallen for the third week in a row due to a poor industrial outlook and ongoing demand concerns in China.
📉 Markets have priced in silver demand from renewable energy sources, prompting investors to exit long silver positions.
📉 A key political meeting in Beijing failed to produce new stimulus measures.
NOTE:
China's central bank unexpectedly cut lending rates, and the US economy expanded faster than expected in the second quarter, with strong gains in consumer spending and business investment.
🔑
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
💰 PROFIT SHAVED
⏳ PENDING
📉 SELL ORDER TRIGGERED
SLO2 @ 31.77 📉
SLO1 @ 31.28 📉
TP1 @ 27.43 💰
TP2 @ 25.03
TP3 @ 23.27
TP4 @ 20.55
ADDITIONAL INFO:
✍️ TP1 @ 27.43, can now be used as a Sell Stop Order
📉 Silver has fallen for the third week in a row due to a poor industrial outlook and ongoing demand concerns in China.
📉 Markets have priced in silver demand from renewable energy sources, prompting investors to exit long silver positions.
📉 A key political meeting in Beijing failed to produce new stimulus measures.
NOTE:
China's central bank unexpectedly cut lending rates, and the US economy expanded faster than expected in the second quarter, with strong gains in consumer spending and business investment.
🔑
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
💰 PROFIT SHAVED
⏳ PENDING
📉 SELL ORDER TRIGGERED
Professor C. E. Ward
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