XAGUSD Technicals

Last week retested 23.20 resistance, and also closed above the 21.00 handle.

As such, any retest of 21.00 will likely attract buyers, but don’t expect it.

Given the bullish momentum last week, XAGUSD may decide to blow through 23.20 for a move to 26.00 without pulling back.

Time will tell, but either way, I’m anticipating a move to 26, 35, 44, and 50+ in the next few years.
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