Published July 31, 2025

XAGUSD has broken through a resistance line of a Channel Down and suggests a possible movement to 36.9920 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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