Silver / U.S. DollarShort
XAGUUSD focuses on the supply area
On the 4-hour chart, XAGUSD fluctuated downward, and the bears had the upper hand. At present, we can pay attention to the pressure of the 30.8-31.1 supply zone. If the rebound is blocked, we can consider shorting. The support below is around 30.0. After breaking through, the support below is around 29.6.
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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.