Long
SILVER XAGUSD Supply And Demand Analysis
DEMAND:
-Weekly downtrend
-Price reacting off of support + demand + breakout demand
-Any longs will be counter-trend.
-Strong USD is sending silver/all commodities down.
-Wait for confirmaiton longs on LTF
NEXT SUPPLY:
-Trading with the downtrend
-Selling at resistance + supply + breakout supply
-Wait for confirmation sells on LTF
Let me know your thoughts...
-Weekly downtrend
-Price reacting off of support + demand + breakout demand
-Any longs will be counter-trend.
-Strong USD is sending silver/all commodities down.
-Wait for confirmaiton longs on LTF
NEXT SUPPLY:
-Trading with the downtrend
-Selling at resistance + supply + breakout supply
-Wait for confirmation sells on LTF
Let me know your thoughts...
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.
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.