SILVER (XAGUSD): Important Key Level to Watch 🪙
https://www.tradingview.com/x/AOww4Nju/
Silver is currently testing a key horizontal demand zone.
Taking into consideration that the market is quite oversold after a strong bearish rally,
we may see the pullback from the underlined area.
Your confirmation to buy will be a bullish breakout
of a neckline of a horizontal range on an hourly time frame.
Hourly candle close above 23.2 will confirm the violation,
a pullback will be expected to 23.33 / 23.45 levels then.
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Silver is currently testing a key horizontal demand zone.
Taking into consideration that the market is quite oversold after a strong bearish rally,
we may see the pullback from the underlined area.
Your confirmation to buy will be a bullish breakout
of a neckline of a horizontal range on an hourly time frame.
Hourly candle close above 23.2 will confirm the violation,
a pullback will be expected to 23.33 / 23.45 levels then.
❤️Please, support my work with like, thank you!❤️
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