We Have an Analysis Of XAGUSD H4. This Analysis Based On Price Action Theory.
According to The Analysis, We Can See That the Market has a Sell trend on the monthly Time Frame As Well As Market keep Going Down On H4 Time Frame As well As Market Already Break It Old Support & after the price begins again Reject so many time From The New resistance @23.256, So Behalf On this We Have New Key Level(support) @19.378
For More Confirmation, You can see that RSI (Relative Strength Index) & MFI (Money Fellow Index)Both Already Reject From The Resistance Level As per Chart.
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
Enclavefx technical group
According to The Analysis, We Can See That the Market has a Sell trend on the monthly Time Frame As Well As Market keep Going Down On H4 Time Frame As well As Market Already Break It Old Support & after the price begins again Reject so many time From The New resistance @23.256, So Behalf On this We Have New Key Level(support) @19.378
For More Confirmation, You can see that RSI (Relative Strength Index) & MFI (Money Fellow Index)Both Already Reject From The Resistance Level As per Chart.
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
Enclavefx technical group