XAG/USD Trading Analysis (10/01/2025)
The trend is bearish. The upward truncated wave structure ended with the breach of the sloping channel. The bears tested the 200 EMA. There is a bearish divergence on the Awesome Oscillator and the RSI's moving averages are out of the overbought zone.
Trading idea:
- Buy on the breach of 30.000.
- Stop-loss at 30.470.
- Price targets at 29.500 and 28.800.
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