29.10.2021
The overall trend is upward. Silver trades in the range of 365 and 135 moving averages. The descending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a bullish divergence.
XAG/USD rate online: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss: below the local minimum of the descending pattern.
Target levels: 24.800; 25.800.
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