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Silver · XAG/USD

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Silver: Bearish Flag

XAG/USD, 1 day    SHORT Jun 4
We can see that a bearish flag is nearing completion, XAG/USD asks for a further bearish impulse as a sign of a breakdown. A bearish flag denotes a specific price signal that typically indicates that the price to go down when price breaks below support. XAG/USD to experience further corrective weakness towards the 26 mark while lower than 27.5.

Silver: Rectangle

XAG/USD, 4 hours    SHORT 6 days ago
We can see that a rectangle has been found. A rectangle suggests a useful bearish price indicator that often identifies a bearish price move in case if price breaks through the support. A bearish continuation towards 27.2 looks probable.

Silver: Ascending Channel

XAG/USD, 4 hours    SHORT Jun 15
An ascending channel is uncovered and the price requires a more strong bearish action as a sign of a breakdown. In case if price breaks down, the move could identify a bullish-to-bearish trend reversal. XAG/USD embarks on a bearish correction towards 27.4 as indicators turn bearish.

Silver: Descending Channel

XAG/USD, 4 hours    LONG May 3
It looks like XAG/USD shapes a descending channel and the price is ready to break out. A descending channel can be thought of as a signal that often predicts a bullish price move in case if price breaks out. A move to the 26.8 zone is going to happen on a breakout of the descending channel.

Silver: Descending Triangle

XAG/USD, 4 hours    LONG Apr 29
We can see that a descending triangle develops and XAG/USD lacks a more bigger bullish impulse as an information of a breakout. A descending triangle is said to depict a compelling bullish pattern that signals the bears have run out of steam once price breaks out to the the upside. There is a possibility of a move towards the 26.8 mark.

Silver: Pennant

XAG/USD, 1 hour    LONG Jun 10
There is a pennant revealed, the price breaks out now. A pennant can be thought of as a reliable bullish pattern that often predicts that prices are likely to keep rallying upward in case if price breaks above resistance. It is likely that a bullish push up to 28 will happen.

Silver: Bearish Flag

XAG/USD, 4 hours    SHORT Jun 14
We can see that a bearish flag is close to being completed and the price lacks a more steady move as an information of a breakdown. A bearish flag is said to depict a technical indicator that is used to indicate a bearish move once price breaks through the support. There is a possibility of a move towards the 27.4 mark as XAG/USD failes to keep gains.

Silver: Symmetrical Triangle

XAG/USD, 1 hour    SHORT May 21
There is a symmetrical triangle forming. Once price breaks down, the resulting move could signal a further move down. XAG/USD challenges a move to 27.4.

Silver: Descending Triangle

XAG/USD, 1 hour    SHORT May 12
It looks like XAG/USD establishes a descending triangle. A descending triangle is said to depict a reliable indicator that can be used to spot a bearish price move if price breaks out to the the downside. Corrective downside to 27.1 is probable while lower than 27.2.

Silver: Descending Channel

XAG/USD, 1 hour    LONG May 28
It looks like a descending channel occurs. A descending channel suggests a technical bullish formation that is angled down that results in a temporary interruption of an existing trend when price breaks out. XAG/USD challenges a move towards the 28.1 level on a breach of 27.95.

Silver: Pennant

XAG/USD, 1 hour    LONG May 14
There is a pennant recognized and the price asks for a next strong move for clear breakout confirmation. A pennant represents a technical bullish indicator that predicts that the price will rally further when price breaks above resistance. XAG/USD opens door for a move towards the 27.3 zone as downside pressure mitigates.

Silver: Ascending Channel

XAG/USD, 1 hour    SHORT May 18
An ascending channel comes out, XAG/USD demands a bearish continuation for the certainty of breakdown. An ascending channel identifies a specific price indicator that predicts a further move down if price breaks through the support. XAG/USD hints a change to the downside to the 28.2 zone.
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