SILVER: End Of Week Technicals - Ranging Bearish within Key Levels

This trading week ended with some interesting results and setups for XAG/USD so, let's describe some of the interesting moments for this pair.

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D1 price is on primary bearish market condition: the price is breaking 14.45 support lebel from above to below for the bearish trend to be continuing.

H4 price is on bearish condition with the secondary ranging between the following key support/resistance levels:

• 14.69 resistance level located on the border between the primary bearish and the primary bullish on th chart, and
• 14.45 support level located far below Ichimoku cloud in the primary bearish area of the chart.
  

If H4 price will break 14.69 resistance level on close bar so the reversal of the primary bullish market condition may be started.
If H4 price will break 14.45 support level on close bar so the bearish trend will be continuing.
If not so we may see the ranging within primary bearish.

SUMMARY : bearish