SILVER (XAGUSD): Will It Go LOWER? 🪙

١٠ أكتوبر ٢٠٢٣

https://www.tradingview.com/x/zcAX3AZl/

We got 2 important bearish breakouts on Silver.

First, the price violated a key daily horizontal support.
Secondly, the market closed below a major rising trend line.

The broken horizontal and vertical structures now compose an expanding supply area.
I would suggest shorting from that zone, expecting a bearish continuation to 21.00 / 20.04

❤️Please, support my work with like, thank you!❤️