Silver / U.S. DollarShort
XAGUSD double top pattern
On the daily chart, XAGUSD formed a double top pattern, and the bearish trend is dominant. At present, we can pay attention to the resistance near the neckline of 28.56. If the rebound is blocked, we can consider shorting, and the downward target is around 26.00.
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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.