XAGUSD: ACCUMULATING BUT WEAK BUYING PRESSURE
Silver is trying hard to put in some lift off but so far, I see weak BUYING PRESSURE following the break of those two objective trend lines drawn(Black)
The red trend line is yet to be broken, so I believe the last lows(double bottoms) would be tested once more.
Note: The Trend lines follow some valid definition.
The red trend line is yet to be broken, so I believe the last lows(double bottoms) would be tested once more.
Note: The Trend lines follow some valid definition.
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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.