XAGUSD potential double bottom pattern
On the 4-hour chart, XAGUSD has formed a potential double bottom pattern. The current upper resistance is around 29.87. If it breaks through, it will continue to rise, with the upward target looking at the 30.45-30.74 area. The current key support below is around 29.0.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.