Head and Shoulders top in Silver
Updated
Silver (XAGUSD) has formed a head and shoulders type rounding top on the 4h time frame. The price is still at the supply line. A breakdown below this line would be bearish for the commodity with measured move target of 21.75.
Price action at 23.15 to 23.50 zone is critical and would decide the next course of action.
Price action at 23.15 to 23.50 zone is critical and would decide the next course of action.
Trade closed: target reached
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