#Silver View:
Just like Gold, Silver has formed a strong Bearish Engulfing pattern on the daily chart, potentially signaling a temporary top in the current trend. While it’s still early to confirm a full reversal, the price action suggests caution for bulls.
✅ Confirmation:
A daily close below 143,900
(today's low), especially with increased volume, would confirm the pattern and likely trigger further downside momentum.
❌ Negation:
If Silver manages to close above 153,388 (today’s high), the bearish structure will be invalidated.
🎯 Key Levels to Watch:
Resistance: 153,388 (pattern high)
Support: 143,900 (pattern low)
Stay alert for follow-through candles and volume spikes in coming sessions.
#Silver | #XAGUSD | #BearishEngulfing | #CandlestickPatterns | #TechnicalAnalysis | #PriceAction | #SilverAnalysis
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Just like Gold, Silver has formed a strong Bearish Engulfing pattern on the daily chart, potentially signaling a temporary top in the current trend. While it’s still early to confirm a full reversal, the price action suggests caution for bulls.
✅ Confirmation:
A daily close below 143,900
(today's low), especially with increased volume, would confirm the pattern and likely trigger further downside momentum.
❌ Negation:
If Silver manages to close above 153,388 (today’s high), the bearish structure will be invalidated.
🎯 Key Levels to Watch:
Resistance: 153,388 (pattern high)
Support: 143,900 (pattern low)
Stay alert for follow-through candles and volume spikes in coming sessions.
#Silver | #XAGUSD | #BearishEngulfing | #CandlestickPatterns | #TechnicalAnalysis | #PriceAction | #SilverAnalysis
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。