SILVER (XAGUSD) Bearish Move From Key Level 🪙

٢ أغسطس ٢٠٢٢

Hey traders,

Silver is approaching a key daily resistance.
The underlined blue structure matches perfectly with 0.5 retracement of the last bearish impulse.
The price has already formed a dodji candle on that structure, confirming its strength.

Analyzing lower time frame, I spotted a confirmed breakout of a rising wedge pattern on 1H time frame.
I believe that that pair may drop now.
Initial target - 19.985

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️