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08.04.202110:10 विदेशी मुद्रा विश्लेषण और समीक्षा: Silver Another Swing Higher!

Exchange Rates 08.04.2021 analysis

Silver (XAGUSD) has managed to jump above the downtrend line. The breakout signals that the rate may increase in the coming period.

As you can see on the H4 chart, the price has retested the broken downtrend line, dynamic resistance, confirming it as a support, downside obstacle.

Now is trying to stabilize above the 25.276 former high which could signal strong buyers and could bring a new opportunity.

Trading Conclusion!

Increasing further and reaching 25.500 psychological level is seen as a buying opportunity. The Stop Loss could be hidden below 23.852 lower low.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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