XAGUSD What Next? SELL!

19 Haz 2023

My dear followers,
I analysed this chart on XAGUSD, and concluded the following:
The instrument tests an important psychological level 24.026
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 23.254
Recommended Stop Loss - 24.404

About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK