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Supports and resistances are primary concepts of technical analysis. XAG/USD is heading for an important price of 32.8940 – read about what this could mean for the future.

A potential bullish movement on XAG/USD
XAG/USD is heading towards 32.8940 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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