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index_tiger
Aug 23, 2023 2:19 PM

SI1!, XAGUSD, SILVER Long

Silver FuturesCOMEX

Description

Very Strong Upmove candle .... need to break the Trendline and 25.475 Levels for confirmation

Triangle breakout and A Flag Pole pattern can also be considered.

Structurally Silver is still making a higher low which is bullish.

Previously I was expecting low of 22.140 to break which didn't happen

Only -ve is Dollar Index Break out wait till confirmation on Silver Charts

Expecting 30$ targets if Confirmation comes

Trade active

DX1! or DXY breakout confirmed Next Resistance at 104.615 levels

will wait till Silver chart shows Confirmation before getting in The trade

Trade active

Approaching Resistance trend line . There is some serious Volatility in the market

DX1! is behaving very abnormally

Trade active

Gap Up and Sustaining above the trend line .... very strong moves in Silver

DX1! looking like false breakout ....

Trade active

Volatility Continues level needs to be breached 25.475 $

Weekly Candle on DXY is looking much better compared to Silver

Trade closed manually

A DX1! breakout is confirming to get out of SI1!

Volatility is killing
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