XAG Continuation to Daily R3 (18.90)
XAGUSDLast week XAG price bounced off 20EMA, 50Fibs, mid bollenger band and daily Price pivot on the 4H chart. Price is now moving in a upward channel/along a trend line. Expecting a continuation move up to the daily R3 level at just above 18.90, but below psychological 19.00 level.
Watch for the a break of the trend line, move below mid Bollenger Band or bullish divergence.
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