Indicators and patterns
1/31/2025
Indicators and patterns
The first indicator is the Average Directional Index (ADX) on the XAG/USD (Silver/US Dollar) currency pair, observed on a 30-minute timeframe. The ADX is currently showing a bearish signal, suggesting a potential downtrend in the price. This indicates a selling opportunity. The ADX value is 31.6075, which indicates the strength of the current trend.The second pattern is the Advance Block pattern on the XAG/USD pair, identified on a 15-minute timeframe. The Advance Block pattern is a bearish reversal pattern that suggests a potential trend reversal to the downside. This pattern also indicates a selling opportunity. The pattern was confirmed at a price of 31.603.
Both the ADX indicator and the Advance Block pattern are signaling a bearish outlook for the XAG/USD pair, indicating a potential selling opportunity for traders.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
