EuroMotif

XAGUSD at/near a "Bottom" ? Silver about to Dead Cat bounce?

EuroMotif Mod ที่อัปเดต:   
FX_IDC:XAGUSD   เงิน/ดอลลาร์สหรัฐ
Silver is at a support zone right and has another one below.
Really ought to bounce a little here, or maybe even reverse?
NOTE: I do not know anything about this market, only charts.

My methods project support and resistance zones.
I do trade many assets based on this methodology.
Silver admittedly is not a market I follow or trade.

14.27 - 14.39 is immediate support which might bounce it.
14.08 - 14.13 is next support which bulls really need to bounce.
14.86 - 14.90 will be first resistance, a good place to take profit.

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See some of my other Trade calls below.
I also plot Crypto and some Stocks, check my Profile Page.

DXY top call (Upthrust warning just in time)

SPX recent top (Fib extensions at work)

XAU.USD long to short (recent perfect entries)

USD.JPY short to long (recent perfect entries)

EUR.USD long term Short (the very tippy-top a year ago)

AUD.USD long term Short (almost at a long term target now)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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ความคิดเห็น:
So we got the bounce as expected, right into the resistance target above Being persistent at this ceiling, might break through, but expecting a retrace first..... lets see ....

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ความคิดเห็น:
Breakout successful. Now looks ready for pullback though
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