XAG/USD Trading Analysis (22/04/2025)
The upward truncated wave structure ended with the breach of the sloping channel. Silver is trading in a range between 365 and 135 ЕМАs. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought condition.
Trade idea:
- Buy on the breach of 32.450.
- Stop-loss at 33.103.
- Price targets at 31.500 and 29.700.
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