XAGUSD Analytics

XAGUSD

The overall trend is upward. Silver is trading in a range of 365 and 135 moving averages. The descending H1 level pattern is truncated, while the Awesome Oscillator shows a Bullish divergence. A breakout of 24.08 will result in the formation of an upward M15 level wave pattern within the frame of wave C of the upward H8 level pattern.

XAGUSD rate online: monitor the price movement in real time.

Trading recommendations:

Buy on the breakout of 08.24.

Stop Loss: 23.50.

Target levels: 24.73; 25.95.