Silver Sell-Off Alert: 10% Drop Dead Ahead

● After hitting a high of $34.87, the price entered a notable consolidation phase, eventually created a Head & Shoulders pattern.
● Following the breakdown from this pattern, the price also fell beneath its trendline support, paving the way for a more significant decline.
● Immediate support is anticipated at the $27.8 level.
● If the price drops below this threshold, it could plummet to $26.5, representing a 10% decrease from the current position.
Chart PatternsTechnical IndicatorsnaranjcapitalsilveranalysissilverforecastsilverpredictionsilvershortsilverusdTrend AnalysisXAG USD ( Silver / US Dollar)xagusdanalysisxagusdshort

🌐 naranjcapital.com
🎖️ CMT (usa) & CFTe (usa) chartered

🇺🇸 Telegram - USA Stocks Trading Advice
t.me/Naranj_USA

🇸🇦 Telegram - Saudi Stocks Trading Advice
t.me/Naranj_KSA

🤝 Contact Us
bio.link/NaranjCapital
Também em:

Publicações relacionadas

Aviso legal