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SILVER (XAGUSD): Is the Bearish Reversal Confirmed?
Silver's price appears to be resuming its downward movement.
After consolidating within a parallel rising channel, it has broken through both a key support level and the channel's support line.
This breakout has formed an expanding supply zone, defined by the horizontal support and the channel's support line.
A further decline seems likely, with the next support level around 31.00.
After consolidating within a parallel rising channel, it has broken through both a key support level and the channel's support line.
This breakout has formed an expanding supply zone, defined by the horizontal support and the channel's support line.
A further decline seems likely, with the next support level around 31.00.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.