$XAG Silver is still in an uptrend despite a significant correction. A trend line is clearly visible, and its test is currently underway.
Entering a trade now is too early; we need to wait for a reaction from the sloping line. If an impulsive upward move appears on smaller timeframes, then we enter a Long with a stop loss below the previous low.
When the trend line is broken, we move on and wait for a return to the long setup structure.
Overall sentiment is bullish 👆👆👆
Entering a trade now is too early; we need to wait for a reaction from the sloping line. If an impulsive upward move appears on smaller timeframes, then we enter a Long with a stop loss below the previous low.
When the trend line is broken, we move on and wait for a return to the long setup structure.
Overall sentiment is bullish 👆👆👆