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Bullish Divergence Formed on SILVER XAGUSD

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We have a bullish Div here on Silver 45min TF.

Divergence is not completely fool proof, however 7 out of 10 times, they give you a win and push into green, giving you an oppurtunnity to cut your stoploss in half.

There are 3 possible rejective price levels on chart. Which may send price back on a bearish rally. However once price breaks 32.50 it should retest rejection price level 1.

This will be interesting to watch play out this week, once markets reopen in 3 to 6hours, Be mindful of market open CME Gap. XAGUSD

Feragatname

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