Called it yesterday: $XAG bounced right off the zone 📈
Yesterday, with XAGUSDT sitting around 58.97, I shared my view: a quick dip into the demand zone, a bounce, a small pullback, then a push toward 61-62.
Today it played out almost exactly like that. Price wicked down to around 58.7, tapped the zone, and buyers stepped in hard. It's now trading around 61.03, right where the path I drew pointed.
The 62.5 area from my sketch hasn't been reached yet, so I'm not calling it done. I'm watching whether it holds above 60 on any pullback. If it does, the move can keep going. If it loses 60, I'll reassess.
Lesson again: patience at the zone beats chasing candles. 🎯
What's your view on silver from here, continuation or a pullback first? 👇
Not financial advice. Always do your own research and manage your risk.
#XAG #Silver #XAGUSDT
#TechnicalAnalysis #Trading
Yesterday, with XAGUSDT sitting around 58.97, I shared my view: a quick dip into the demand zone, a bounce, a small pullback, then a push toward 61-62.
Today it played out almost exactly like that. Price wicked down to around 58.7, tapped the zone, and buyers stepped in hard. It's now trading around 61.03, right where the path I drew pointed.
The 62.5 area from my sketch hasn't been reached yet, so I'm not calling it done. I'm watching whether it holds above 60 on any pullback. If it does, the move can keep going. If it loses 60, I'll reassess.
Lesson again: patience at the zone beats chasing candles. 🎯
What's your view on silver from here, continuation or a pullback first? 👇
Not financial advice. Always do your own research and manage your risk.
#XAG #Silver #XAGUSDT
#TechnicalAnalysis #Trading