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A Rising Wedge has formed, XAG/USD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

XAG/USD - Reversal Chart Pattern - Rising Wedge
Emerging Rising Wedge pattern in its final wave was identified on the XAG/USD 1 hour chart. After a strong bearish run, we find XAG/USD heading towards the upper triangle line with a possible resistance at 30.7641. If the support shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

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