Lionheart10

Silver price correction to go lower

Short
Lionheart10 Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
-bullish DXY

Target price reasons:

TP1 - 24.0
-1D Kijun Sen support
-high volume support level

TP2 - 22.8
-38.2% fib level retracement from low in March 2020
-volume supported level
-Dual pivot zone of Daily P Pivot + Weekly R2 Pivot
Comment:
TP1 of 24.0 hit
Comment:
Potential scenario next few days.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.