SILVER STRUCTURE SHORT|TRADING PLAN

Aug 3, 2020

XAGUSD is trading below a strong resistance. The last attempt to break it failed which is manifested in a long shadow within the resistance zone.

Now, the metal broke out of the minor diagonal support, with confirmation, which all taken together indicates that our target trade is short.

TRADING PLAN:

1-short now

2-SL above the mirror diagonal line and the resistance lower bound

3-the ultimate target is at the diagonal support which will draw a silver triangle.

Thank you for reading, like and subscribe and have a nice day.