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Andre_Cardoso

(120m) Technical dbl top | inv. H&S

Plata/Dólar estadounidense (OANDA:XAGUSD)  
Andre_Cardoso Actualizado   
OANDA:XAGUSD   Plata/Dólar estadounidense
Chart Patterns Technical Indicators Harmonic Patterns Silver Double Top Contains image
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chartpattern indicator harmonicpatterns silver doubletop containsimage
XAGUSD

  • In the last 16 trading sessions, silver has not been able to recover above the support formed at 23.02 in November.
    Currently forming a technical double top on a 120m time frame that will only be confirmed after a violation below the most recent support.
    Once and IF confirmed, the drop in silver could help form a "right shoulder" to a higher degree inverted head and shoulders that could push silver to 24.55 again.

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Gold is also forming the eventual the same technical double top
snapshot
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