XAGUSD (SILVER) ____ INCOMING BEARISH MOVE

١١ يونيو ٢٠٢٣

Hello Guys,

As you know already, I get my directional bias for USD-related pair from the dollar index. My outlook for the dollar is bullish (see below the analysis) which means that this week and going forward, Silver (XAGUSD) should be bearish.

Currently, Silver has traded into bother the weekly and daily FVG, and we may commence the bearish move from here after a few manipulations and bullish inducements. (See my previous analysis of XAGUSD below)

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Previous Silver analysis
https://www.tradingview.com/chart/XAGUSD/aE1JyGpT-XAGUSD-SILVER-INCOMING-BULLISH-RALLY/

This week's Dollar Index analysis
https://www.tradingview.com/chart/USDOLLAR/jC9jlz0f-US-DOLLAR-INCOMING-BULLISH-MOVE/

Other USD-related pairs
GBPUSD
https://www.tradingview.com/chart/USDOLLAR/jC9jlz0f-US-DOLLAR-INCOMING-BULLISH-MOVE/

NZDUSD
https://www.tradingview.com/chart/NZDUSD/hN3whbgO-NZDUSD-INCOMING-BEARISH-MOVE/

USDJPY
https://www.tradingview.com/chart/USDJPY/OH0A4ELP-USDJPY-INCOMING-BULLISH-MOVE/

USDSGD
https://www.tradingview.com/chart/USDSGD/hvmN7Vzf-USDSGD-INCOMING-BULLISH-MOVE/

AUDUSD
https://www.tradingview.com/chart/AUDUSD/RP4wxLIq-AUDUSD-INCOMING-BEARISH-MOVE/

Cheers,
Jabari

٢٣ يونيو ٢٠٢٣

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