✏️By examining the trend in the four-hour time frame, silver, having the resistance of $24.58, can decrease to the support interval in the range of $23.55-23.35, and then, provided it is maintained, it can set itself up for a rise again to the resistance. 25.54 in order to complete the descending Bearish Bat harmonic pattern to prepare.⚔️
📌Usually, silver is considered as the second safest capital after gold, and due to the escalation of war tensions, it can be considered as a safe asset by investors. 🎯 From a technical point of view, silver can continue its upward trend in the four-hour time frame after the formation of the BULLISH GARTLR harmonic pattern. In general, the scenario is reinforced...
here XAGUSD is making bearish diversion on rsi index with rising wedge pattern on 2H chart. we will be taking entry on breakout rising wedge on last higher low with sell stop 1. Trend is there 2. Bearish diversion 3. Rising wedge pattern Risk Management 1% risk on each trade total risk 2%
List of confluences: 1: Trendline Breakout 2: Rising Wedge Breakout 3: Bearish Market Structure LH + LL When we look at the bigger picture trend, we can see that sliver is in an overall bearish down trend. We can clearly see a trendline breakout and a rising wedge breakout in the direction of the bigger trend. This is followed by visible bearish market...
List of confluences: 1: Head and Shoulders 2: Trendline Breakout 3: Key level break and retest RR for this particular trade currently stands at 4.9x to 1.
Silver Have strong chart than Gold...and also Have Extra Support As A industrial Metal....can expected 20-25 percent upside from here....
Silver was moving as predicted. Here same analysis that still valid from previous posting. Thanks