Daniel Ang

Buying Opportunities in XAG/USD - #1 Bought @ $23.585 Wed, Feb 01, 15:51pm. #2 Buy Order Filled @ $23.475 Thu, Feb 02, 02:12am. Moved Stop to $23.590 Thu, Feb 2, 21:26pm. Stopped Out @ $23.587 Fri, Feb 3, 00:27am +138.60.

Chart XAGUSD, D1, 2023.02.01 11:41 UTC, Tradeview, Ltd., MetaTrader 4, Real

Chart XAGUSD, H4, 2023.02.02 04:15 UTC, Tradeview, Ltd., MetaTrader 4, Real

Chart XAGUSD, H1, 2023.02.02 17:18 UTC, Tradeview, Ltd., MetaTrader 4, Real

Similar to XAU/USD, XAG/USD too saw a robust recovery from a sell-off into $22,967 overnight in New York. So strong was the recovery that XAG/USD ended the day as a hammer in the daily time frame as did XAU/USD.

This suggests that we may see further gains in the days ahead.

TRADE IDEAS

#1 Bought @ $23.585 Wed, Feb 01, 15:51pm.

#2 Limit Buy @ $23.375. Order Filled @ $23.475 Thu, Feb 02, 02:12am.

Stop @ $22.700. Moved Stop to $23.590 Thu, Feb 2, 21:26pm. Stopped Out @ $23.587 Fri, Feb 3, 00:27am +138.60.

Target @ $26.200.