XAGUSD is heading to a major resistance

XAGUSD is trying to break above 24

 

XAGUSD is testing 24 for a breakout higher. A break above this resistance will test the long-term major resistance 25.40 for a complete upside reversal breakout and a continuation higher. The main support zone is 22-23. Expect a sideways consolidation during the Holidays.

Note: look for the long trades upon a break above 24 or a possible dip to 23

 

 

 

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