XAG/USD - Wedge Breakout (Weekly Forecast Feb 24-28)

23 de fev.

The XAG/USD Pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 31.25
2nd Support – 30.67

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23 de fev.

Trade ativo

Taken

há 7 dias

Nota

The dollar advanced against major currencies, Gold and Silver prices eased as investors booked profits from the previous session's record high.

há 6 dias

Nota

há 4 dias

Nota

The U.S. dollar got stronger because Treasury yields (interest rates on government bonds) went up. This happened as people were thinking about possible changes in trade policies and the economy under President Trump.

há 3 dias

Trade fechado: objetivo atingido

with Good Profit