Silver (XAG/USD) 15-minute chart: Triple Top
A triple top on the Silver (XAG/USD) 15-minute chart, bearish. The video shows how to spot it, where to enter and where the stop and target go.
- Pattern: Triple Top (bearish)
- Entry 57.15, stop 58.01, target 56.50
Full transcript
Can silver stay below the support it just broke?
October 17, spot silver on the 15-minute chart has confirmed a triple top today.
A triple top is price rejected three times from the same area, confirmed when support breaks.
Three failed pushes into that area, then a close below the support band.
That band sits at 57.233.
The pattern confirmed when price closed below that band.
The measured target is 56.5, and invalidation is a close beyond 58.008.
It is still in play, and neither level has been hit yet.
A pattern never guarantees its target, and the same shape fails just as often.
go dot borearis dot com.
Keep watching
AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.