XAGUSD – support line breached

XAGUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 30.2057 may materialize within the next 20 hours.

Past performance is not an indicator of future results.
Losses can exceed deposits.