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$XAGUSD SELL BLUEPRINT
From the monthly timeframe, Silver appears to be highly bearish. Price is currently reacting from 61.920 support level, pushing the market to our major sell zones above.
Sell zones I'm watching:
The first key level in mind is 80.385 which is closer to the inducement. All other sells below this level is a noise to me.
The second level I'm watching is between 83.510 - 85.323. If the first level fails to give me a strong sell confirmation (MSS: market structure shift and IDM on the lower timeframe) then I'll be looking at the second zone to give me the same confirmation to continue selling till we reach our final monthly target of $36.659.
Until then $XAGUSD is Highly Bearish from my view. #TradFiCFDGoldMasters