Silver / U.S. Dollar
Long
Updated

XAG/USD...silver trendline break out...

613
MY XAGUSD (Silver) sell trade setup looks like this:

Entry: 33.1840

Stop Loss: 33.7000

Target 1: 31.9075

Target 2: 31.0000


Trade Analysis:

Trend Line Breakout: Indicates potential bearish momentum.

Risk-Reward Ratio:

Target 1 (31.9075): ~1.27 RR

Target 2 (31.0000): ~3.68 RR (solid swing trade target)


Key Levels:

If price breaks below 32.50, it could accelerate downward.

31.9075 could act as interim support before testing 31.00.



If sellers maintain control, this trade has a good downside potential. Are you using any additional confluences, like Fibonacci retracements or moving averages, to confirm the move?
Trade active
trade active from 33.1840

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