Past performance is not an indicator of future results.
XAGUSD is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If XAGUSD continues in its current trajectory, we can expect it to reach 17.1470 within the next 2 days.
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