1
986
W1 price is located to be below yearly Central Pivot at 17.41 and above S1 Pivot at 12.66:
- The price is on bearish ranging between yearly Central Pivot at 17.41 and S1 Pivot at 12.66;
- The price is breaking descending triangle pattern with 14.35 support level from above to below for the bearish trend to be continuing;
- If weekly price will break 14.35 support level on close weekly bar so the next real bearish target is S1 Pivot at 12.66.
Instrument | S2 Pivot | S1 Pivot | Yearly PP | R1 Pivot |
---|---|---|---|---|
XAG/USD | 9.61 | 12.66 | 17.41 | 20.45 |
Trend:
- W1 - bearish
- MN1 - bearish