XAGUSD: based on weekly chart and rs to ss
Traders,
Silver is facing a bearish power on weekly chart.
It finished with a reverse hammer last week under the red trendline on weekly chart.
On daily chart, you could see that is a resistance zone pressuring it to make a new high.
Down we will see it rehit the bottom support zone again, probably a lower one.
Less is more!
Silver is facing a bearish power on weekly chart.
It finished with a reverse hammer last week under the red trendline on weekly chart.
On daily chart, you could see that is a resistance zone pressuring it to make a new high.
Down we will see it rehit the bottom support zone again, probably a lower one.
Less is more!
