SILVER (XAGUSD) The Next Swing Move & How to Catch It 🥈

14 May 2021

Silver is trading in a bullish trend from the beginning of April.
The price is steadily growing within a rising parallel channel.
It looks like the next goal for buyers is 28.0 - 28.1 daily resistance cluster.

To catch a bullish continuation to that level, follow a bullish flag pattern on 4H.
It shows a local bearish sentiment on the market.
Once its resistance is broken, it will be a trigger for the next swing move.

In case of a bearish breakout of a major daily channel, setup will be invalid though.
Remember about that.

16 May 2021

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