Tradersasi23

Channel pattern in Silver, XAGUSD

OANDA:XAGUSD   Silver / U.S. Dollar
Price forming a channel pattern and trading at support that is channel bottom. 24.52500 is looking as strong resistance levels and if price breaks this levels then look for channel top as target levels.

Many consider this as Flag pattern it is also correct if price breaks the channel from here but once it breaks 24.52500 levels then the flag pattern will become invalid.

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