$XAGUSD Silver Long Term Structure Analysis

Traders, This is the longer term structure analysis of Silver (XAGUSD). Silver is at a crucial support level which if broken and confirmed, will lead to a good fall to possible targets around 19 and even 15. This support level has been tested quite a few times already each time the bounce up is getting smaller. So watch out for a any bearish indication. On the bullish side we have few levels as well around 24 and 26. If this it starts to go higher those bullish targets will be hit first and then we will have re-analyse.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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