From TradingView · · 30s
Silver Bearish Flag Pattern
Silver price expected to drop after bearish flag pattern on TradingView chart.
In brief
Silver price expected to drop after bearish flag pattern on TradingView chart. Silver (XAGUSD) may fall to 55.635 after bearish flag pattern breaks support at 56.819. Originally reported by TradingView.
Silver Price Pattern
Silver (XAGUSD) shows a bearish flag pattern on the H4 chart.
Trade Trigger Details
Sell stop at 56.819 below flag support to confirm bearish continuation.
Risk Management
Stop loss at 58.002, take profit at 55.635 with 1:1 risk-to-reward ratio.
The headline
Silver (XAGUSD) may fall to 55.635 after bearish flag pattern breaks support at 56.819.
