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Mar 21, 2025

Trade ideas

XAGUSD: Falling? Yes!

XAGUSD, H4

XAGUSDH4.png

On the H4, XAGUSD broke the trend line and fell to the critical support area. Lips crossed the jaw on the Alligator and Bulls Power Indicator indicates bear dominance!

  • We consider selling XAGUSD only on consolidation below 33,000 with targets to 32,700 and 32,300;

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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