Either a rebound or a breakout imminent on XAGUSD

Past performance is not an indicator of future results.
XAGUSD is heading towards the support line of a Channel Up. If this movement continues, we expect the price of XAGUSD to test 15.5300 within the next 18 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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