Silver (XAG/USD) 1H timeframe, here’s a breakdown of the target levels indicated:
📈 Chart Analysis Highlights:
The chart shows a bullish ascending triangle pattern, which is typically a continuation pattern signaling upward movement.
The price has recently broken above resistance around the 36.36–36.40 area.
You’ve marked two target points:
---
🎯 Target Levels:
1. First Target Point:
Price Level: Approximately 37.40 USD
This is the first significant resistance level after breakout, potentially reachable if momentum continues.
2. Second Target Point (Extended Target):
Price Level: Approximately 37.80 USD
This would be a more ambitious target assuming strong bullish follow-through.
---
📌 Notes:
Ensure to monitor volume on breakout for confirmation.
Risk management is important — consider stop-loss near 36.10 or below the ascending trendline.
Watch for any false breakouts especially near Ichimoku cloud resistance zones.
Would you like help setting up entry/exit levels or risk-reward ratios?
📈 Chart Analysis Highlights:
The chart shows a bullish ascending triangle pattern, which is typically a continuation pattern signaling upward movement.
The price has recently broken above resistance around the 36.36–36.40 area.
You’ve marked two target points:
---
🎯 Target Levels:
1. First Target Point:
Price Level: Approximately 37.40 USD
This is the first significant resistance level after breakout, potentially reachable if momentum continues.
2. Second Target Point (Extended Target):
Price Level: Approximately 37.80 USD
This would be a more ambitious target assuming strong bullish follow-through.
---
📌 Notes:
Ensure to monitor volume on breakout for confirmation.
Risk management is important — consider stop-loss near 36.10 or below the ascending trendline.
Watch for any false breakouts especially near Ichimoku cloud resistance zones.
Would you like help setting up entry/exit levels or risk-reward ratios?
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Forex, gold and crypto signal's with detailed analysis & get consistent results..
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Gold signal's with proper TP & SL for high profits opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/+yJ2-qfkocRg1NDlk
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.