📌 Silver (XAGUSD)
Trading in a rising wedge, pressing resistance near $39.
RSI divergence → price making higher highs, momentum not following.
MACD rolling over while price climbs = possible bearish divergence.
Support to watch: $37.3 → wedge breakdown if breached.
👉 Bullish only if $39.5 breaks with strong volume; otherwise, risk of pullback.
---
🎯 Takeaway
Silver = extended wedge → caution, momentum weak.
Trading in a rising wedge, pressing resistance near $39.
RSI divergence → price making higher highs, momentum not following.
MACD rolling over while price climbs = possible bearish divergence.
Support to watch: $37.3 → wedge breakdown if breached.
👉 Bullish only if $39.5 breaks with strong volume; otherwise, risk of pullback.
---
🎯 Takeaway
Silver = extended wedge → caution, momentum weak.
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.