Breach of important price line imminent by XAGUSD

Past performance is not an indicator of future results.
XAGUSD is moving towards a line of 24.6990 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If XAGUSD continues in its current trajectory, we can expect it to reach 24.6990 within the next 20 hours.

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