SILVER (XAGUSD) The Zone to Watch 🥈

16 May 2022

Last week we spotted a confirmed breakout of a major weekly structure on Silver.
Now, as the market is recovering, I am preparing to short.

The zone from where I will look for selling opportunities is based on a confluence between fib retracement levels
and horizontal structure.

Let the price reach 21.8 - 22.2 supply area.
Then wait for a confirmation within to sell.

Your initial target will be 20.7

❤️If you have any questions, please, ask me in the comment section.
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17 May 2022

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Check my new analysis on AUDUSD: