Silver very bullish now. Giving its usual false breaks earlier

ที่อัปเดต:
https://www.tradingview.com/x/KNld3048/

As I mentioned for Gold price and Silver, although overextended a bit in price still, I am seeing momentum swinging back for the bulls and on the important bigger timeframes like 4hr and daily.

This chart is a recent Fibs pullback. Check it out below.

สแนปชอต
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For educational purposes.
BUY xagusd from 31.46 to 31.55
SL: 31.35
TP: 34.40
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Lower time frames a bit selly for silver and gold.
2hr, 3hr, 4hr and Daily very bullish.
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Currently a 3m Double Top where price has sold off slightly.
Price is turning around in favour of trade, however I see a further sell-off to occur, not too much selloff, but this will prompt new buyers as the longer intraday charts look good for the bulls.
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Silver LONG alert is travelling well. Buy order alert was around 31.50. Price is moving in a rising wedge on the 30m timeframe, however its' possible that price could fall back to the 38.2% Retrace Fib Level which is also the bottom of this wedge. But price would then be pushed higher imo.
Trading is risky. But with good & calculated setups it can be profitable.
easy_explosive_trading
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สแนปชอต

Chasing the high of 34.8550
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Buy silver top-up at price 31,83 to 31,88
SL: 31,72
TP: NEAR previous high, 34,85
Massive RR
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Chart above, shows the retrace nailed in price
Chart PatternseducationalpostsTechnical IndicatorsriskmangementTrend AnalysisXAG USD ( Silver / US Dollar)xagusdlong

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