SILVER (XAGUSD) Key Level Ahead! Your Plan: 🪙

Even though Silver is very bearish, ahead is a strong confluence zone on a weekly.
The underlined yellow area is based on 618 retracement of a major impulse leg and a horizontal demand area.

To catch a bullish move from that, watch a falling parallel channel on 4H.
Your confirmation to buy will be its bullish breakout (at least 4H candle close above).

Then buy aggressively or on a retest.
Your target will be 20.16

If the price breaks the underlined area to the downside, the setup will be invalid.

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