XAGUSD upside reversal untouched

XAGUSD is holding 18 support

 

XAGUSD pulled back to 18 again after the rejection from 20. We are seeing a bounce of 18 which is now established strong support for this upside reversal, but we need a clear break of 19.50 for a run into the strong upside resistance of 20.50 and more important 21.60. The long-term bullish flag is now visible and we have a bounce from a lower end.

Note: look for the long trades with the stop loss below 18

 

XAGUSD  break higher

 

 

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