*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
This is still the same Silver $XAGUSD chart that we've been using since January 19th, 2022. XAGUSD is still trapped within our descending wedge, but my team believes that a breakout is somewhere nearby, and we remain confident that the direction is bullish!
Traders looking to profit from this long scenario will need the weekly candle to hold above $23. Stop losses below that price interval are suggested.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
This is still the same Silver $XAGUSD chart that we've been using since January 19th, 2022. XAGUSD is still trapped within our descending wedge, but my team believes that a breakout is somewhere nearby, and we remain confident that the direction is bullish!
Traders looking to profit from this long scenario will need the weekly candle to hold above $23. Stop losses below that price interval are suggested.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Comment:
$AGUSD is now approaching $24. What we hope to see tomorrow is either neutrality or a small pull-back. Our team is anticipating a jump above the trendline over the 3-day weekend, but political factors could accelerate our timetable.
