Trade of the Day XAGUSD

XAGUSD is testing the upside resistance

 

XAGUSD is testing the upside resistance 26. A confirmed break above this level is required for the upside continuation after the bounce from the long-term triangle upside support bounce.  Rejection from here and a break below  24.80 will lead to a downside reversal and a bigger pullback.

Note: you can enter the long trade entry upon a break above 25.50

 

Silver price action trading strategy

 

 

 

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