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XAGAUD technical analysis

currency
22 June 2017 , 13:45

XAGAUD futures are currently in a steady down trend, which is supported by various technical indicators and patterns.

Hourly chart

On the hourly chart of XAGAUD, the price is also in a “bearish” trend after MA 100 breakdown, as well as price channel. After price channel breakdown, there were formed two more selling zones in that trend. Right now, the “bearish” dynamics can come to an end and start correction, as there is an AO indicator divergence. However, targets of that correction don not reach MA level.

We also considered other time frames, including the daily and weekly period.

In order to further explore the analysis, as well as the entry point to the position, you can see full details in the personal account of our TSI Trading Pro platform.

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Уникальный курс обучения

Алготрейдингу

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за 30 дней

Получить первый урок

совершенно бесплатно

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