SILVER DAILY XAG
SHORTS
$23.9 - $24.1
Confluences: 50 Fib, Key Level, $24 Round Number
$24.4 - $24.5
Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50)
LONGS
$21.45 - $21.3
Confluences: 88 Fib + KL
$20.8 *ONLY IF $21.45-$21.30 FAIL*
Confluences: Recent Lows
Most of the time I will use these Zones for added confluence on gold as opposed tot aking the trade, however, if there is a strong move into the zone, with market flows in play (stocks/fear/usd) I will take the trade.
$23.9 - $24.1
Confluences: 50 Fib, Key Level, $24 Round Number
$24.4 - $24.5
Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50)
LONGS
$21.45 - $21.3
Confluences: 88 Fib + KL
$20.8 *ONLY IF $21.45-$21.30 FAIL*
Confluences: Recent Lows
Most of the time I will use these Zones for added confluence on gold as opposed tot aking the trade, however, if there is a strong move into the zone, with market flows in play (stocks/fear/usd) I will take the trade.
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.
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.