SILVER (XAGUSD) Bearish Continuation After Breakout

٢٣ نوفمبر ٢٠٢٠

Silver broke and closed below a 4H rising trendline.

the price was nicely rejected retesting the trend line and 618 retracement of the last bearish impulse.

now we see a double top formation with a lower high on hourly chart with its neckline breakout.

I expect a drop at least to 23.8 level and then potential further decline.