XAGUSD by ProjectSyndicate — TradingView

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XAGUSD H16: H*S 20% correction SHORT/HOLD(SL/TP)(UPDATED)

IMPORTANT NOTE: speculative setup. do your own

due dill. use STOP LOSS. don’t overleverage.

🔸 Summary and potential trade setup

::: XAGUSD 16H/candle chart review

::: H*S setup in progress

::: trade activated and in progress

::: reshort after a bounce

::: updated/revised outlook

::: setup still valid as of today

::: final pump incoming befre DUMP

::: short-term bullish /more gains

::: HOWEVER heavy resistance overhead

::: 27/28 USD heavy resistance

::: get ready to SHORT from overhead

::: will print HEAD at 27/28 USD

::: higher risk BUY/HOLD pullback

::: and exit near 27/28 USD later

::: BEARS will take over soon

::: lower risk setup is SHORT

::: get ready to SHORT HIGH later

::: once we hit resistance at 27/28 USD

::: TP BEARS TP1 10% gains TP2 +20% gains

::: SHORT/HOLD setup with great risk:reward

::: BEARS TP FINAL is 22.50 USD

::: recommend to SHORT/HOLD

::: recommended strategy: SHORT/HOLD

::: 27/28 reversal level to SHORT IT

::: SWING trade setup do not expect

::: fast/miracle overnights gains here

::: good luck traders

🔸 Supply/Demand Zones

::: 22.50 USD fresh demand zone

::: 27/28 USD fresh supply zone

🔸 Other noteworthy technicals/fundies

::: TD9 /Combo update: N/A

::: Sentiment short-term: BULLS

::: Sentiment outlook mid-term: BEARS

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