FUND Sell 04.08.2021 09:15
XAG/USD: metal quotes continue to correct
The price of silver contracts continues to correct and demonstrates local growth, trading at $25.6 per ounce.
TECH Sell 02.08.2021 07:46
XAG/USD: wave analysis
The pair is in a correction, a fall is possible.
On the daily chart, the first wave of the higher level (1) of 3 formed, and a downward correction develops as the wave (2) of 3. Now, the wave C of (2) is forming, within which the third wave of the lower level iii of C has ended, and the local correction iv of C is developing. If the assumption is correct, after the end of the correction, the price will fall to the levels of 22.73–20.53. In this scenario, critical stop loss level is 26.76.