1109 XAGUSD still bearish on weekly chart to 21-23

Hello traders,

Friday again!
Why it is important?
Becoz a new weekly can is about to finish.

On weekly chart, SILVER is still looking bearish to us.
It just returned back from outside band and is making a correction. It did not test the average band yet.Still got some distance.

On daily chart, we dont like to see that it is still running beneath the average band even though we got our new signal based on 4h chart hit its TP1 27.40. But not looking good to next target as long as it could not break through the middle band.

This Friday for us is better keep still with our the other half size that has SL on our entry. It is zero risk to see what SILVER want to do.

Good luck!!
May next week be a more clear week to trade commodities.
LESS IS MORE!

تعليق:

This signal has reached TP1, 27.4.

تعليق:

27.80 might not be a easy one to test .
Lets see.