Bizdrone

XAG/USD (Silver) – Short – Intraday

Silver Bars

XAG/USD is showing considerable signs of weakness with the Intermediate Bullish 5th Wave (green) ending. Within this Wave, Minute Wave V (black) has unfolded as an Ending Diagonal and the Bearish Divergence has been confirmed. Bullish Momentum is ending and the Bears would most likely provide the Breakout on the downside (see maroon trend lines).

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