SILVER (XAGUSD) Structure & Patterns: Bearish Movement is Coming

3 באוג׳ 2020

Silver has formed a cute dodji + rejection candle on 4H.
trading within a strong resistance cluster the market confirmed the local bearish sentiment.

on 1H we just saw a bearish violation of a rising wedge pattern.
the breakout now is confirmed and I anticipate a decline.

target levels:
23.8
23.5

safest stop:
24.5