SILVER (XAGUSD): Very Bearish Outlook Explained 🪙
https://www.tradingview.com/x/uxs9BXs7/
Silver formed a double top pattern on a daily.
The neckline of the pattern was a key horizontal structure support.
This week, on Thursday, the price broke and closed below that.
It is a very important bearish signal that indicates a local bearish reversal.
I will expect a bearish continuation on Silver to lower structures.
Goal for sellers - rising trend line.
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Silver formed a double top pattern on a daily.
The neckline of the pattern was a key horizontal structure support.
This week, on Thursday, the price broke and closed below that.
It is a very important bearish signal that indicates a local bearish reversal.
I will expect a bearish continuation on Silver to lower structures.
Goal for sellers - rising trend line.
❤️Please, support my work with like, thank you!❤️
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