Silver / U.S. DollarShort
XAGUSD: Counter-Trend Breakout
XAGUSD (Silver) is breaking to the downside. There's a couple of key things I'm watching for this play:
ADR: 89
SL: 80
TP: 180
- Price failed to push higher in the uptrend
- Price is in process of making a sharp breach, crossing below the trend line
- The second floor isn't holding as price is breaching below it
ADR: 89
SL: 80
TP: 180
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.