XAGUSD (silver)Top down Analysis

23 Eki 2021

According to my analysis, we are currently under reaccumulation on a weekly timeframe, the price has broken the creek so will be waiting for the price to mitigate the order block in the spring. If you can go to a lower timeframe like one 1hour you will find distribution taking place, which is a confirmation that the price is going to fall to the order block in the spring before it buys heavly.