The balance of power in XAGUSD is gradually improving. Market sentiment is becoming more positive for purchases.
The current chart shows the Wolfe Wave pattern, which is a six-leg wave structure. Wave 5 is visible and the XAGUSD price is in the “Sweet Zone” marked in green. Typically, the ascending sixth wave begins here, which reaches the line built along the tops of waves 1 and 4.
On this timeframe for XAGUSD it is preferable to open long positions.
📌 Entry: 77.397
✔️ First goal: 80.188
❌ Stop order: 76.522
