✴️ Silver has recently reached levels of 74. Additionally, an analysis of the DXY suggests a possible bearish reversal after the index touched the 101 mark. This DXY movement is a significant factor supporting a sustained bullish trend for Silver.
✴️ However, given our intraday trading strategy, only a slight depreciation of the USD is required to propel silver prices towards our target. Other fundamental economic indicators, such as Non-Farm Payrolls (NFP) and additional data releases, could also influence the metals market.
✴️We encourage you to like, comment, and follow our work to support the continued sharing of such analyses. We wish you successful and secure trading.
Sincerely,
Team Setupsfx
#xagusd #xag #silver #silvertrading #xagtrading #xagusdtrade #smartmoneyconcept #smc #smctrading #smcstrategy #icttrading #ict #daydtrading #forex #forexmarket #intradaytrading #smartsystem #metalmarket #silvermarket #goldmarket
✴️ However, given our intraday trading strategy, only a slight depreciation of the USD is required to propel silver prices towards our target. Other fundamental economic indicators, such as Non-Farm Payrolls (NFP) and additional data releases, could also influence the metals market.
✴️We encourage you to like, comment, and follow our work to support the continued sharing of such analyses. We wish you successful and secure trading.
Sincerely,
Team Setupsfx
#xagusd #xag #silver #silvertrading #xagtrading #xagusdtrade #smartmoneyconcept #smc #smctrading #smcstrategy #icttrading #ict #daydtrading #forex #forexmarket #intradaytrading #smartsystem #metalmarket #silvermarket #goldmarket
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