⚡️Strifor || SILVER-30/01/2024
Preferred direction: SELL
Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one (scenario №1) assumes entry after the formation of a false breakout at the level of 23.32250. Scenario №2 - involves entering after testing the resistance area at level 24 and then entering short. The target for the fall in both cases is located at the support level 22.66582, with the potential for movement below.
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Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one (scenario №1) assumes entry after the formation of a false breakout at the level of 23.32250. Scenario №2 - involves entering after testing the resistance area at level 24 and then entering short. The target for the fall in both cases is located at the support level 22.66582, with the potential for movement below.
Thank you for like and share your views!
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Trade closed: target reached
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