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SILVER (XAGUSD) Bearish Continuation After Breakout
Silver / U.S. Dollar
Short
SILVER (XAGUSD) Bearish Continuation After Breakout
By VasilyTrader
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Nov 23, 2020
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Nov 23, 2020
Silver broke and closed below a 4H rising trendline.
the price was nicely rejected retesting the trend line and 618 retracement of the last bearish impulse.
now we see a double top formation with a lower high on hourly chart with its neckline breakout.
I expect a drop at least to 23.8 level and then potential further decline.
Chart Patterns
Commodities
futures
Gold
Metals
priceaction
Silver
swing
Trend Analysis
Wave Analysis
XAG USD ( Silver / US Dollar)
XAUUSD
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