XAGUSD ready for a new swing higher?

XAGUSD supported by 26

 

XAGUSD pulled back from 27.50 for consolidation around the strong upside support 25-25.50 zone. Bounces are visible and are showing the overall strength of the upside continuation. Only a break below 25 would lead t a deeper pullback and a possible 24 level test. Overall the price action is bullish and should lead to 28 resistance test for a complete breakout higher.

Note: look for the long trade entries with the stop loss below 25.50

 

XAGUSD upside continuation

 

 

 

 

 

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