Silver Futures
Short
Updated

SI1!, XAGUSD , Silver squeeze

318
Triangle Breakdown will take is down to 19-20$ range

Rising DXY having descending Triangle breakout will confirm further
Trade active
Support at 22.720 and 22.140 if it breaks target for 20$ which is more likely because of thunderous rise of Dollar
Trade active
A good support is approaching for Silver of 22.140 you can close trade here as a bounce is expected. if support is broken Silver is going to 20$. if response is good will post a chart when to buy Silver for a bigger bull run
Trade active
S1! 22.140 level should break anytime activating lower levels. 20$ 1st Target
Trade closed manually
Trailing Stop loss Hit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.