FLAG PATTERN IN SILVER! BREAKOUT OR FAKEOUT?
Silver Update (4-Hour Time Frame)
Pattern: Bull flag pattern forming, indicating a potential bullish reversal.
Fundamental Outlook: Gold prices hit a new all-time high following the Federal Reserve's interest rate cut, signaling positive momentum for precious metals.
Key Levels:
Support at 89,030.
Breakout Confirmation: A strong move above 90550 will confirm the bullish breakout.
Target Level: Watching for price movement towards the 93000 - 93800
Risk Management: make sure to put stoploss
Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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Pattern: Bull flag pattern forming, indicating a potential bullish reversal.
Fundamental Outlook: Gold prices hit a new all-time high following the Federal Reserve's interest rate cut, signaling positive momentum for precious metals.
Key Levels:
Support at 89,030.
Breakout Confirmation: A strong move above 90550 will confirm the bullish breakout.
Target Level: Watching for price movement towards the 93000 - 93800
Risk Management: make sure to put stoploss
Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
IF THIS WILL HELP YOU PLEASE LIKE THE POST ❤️
Trade active
*Silver trade active, breakout*
Silver moving exactly as predicted in the charts today! 📊📈 Already mentioned the exact movement earlier – precision trading at its best! Stay tuned for more updates!
#Silver Commodities
Note
So far reaches 92700Trade closed: target reached
completed
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.
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.