XAGUSD 1d Bullish Divergence

Aug 21, 2023

There are some technical signs that XAGUSD might do a swing up

1. There is a bullish divergence of price vs momentum
   
2. MACD is about to cross the signal line
   
3. The downward trendline has already been crossed to the upside
   

So it might be a good idea to go long with a profit target at the monthly pivot (24.176)

Aug 25, 2023

Note

Price crossed the monthly pivot - target reached!

Aug 25, 2023

Trade closed: target reached