XAG/USD has broken out from the Channel Up pattern. Expect it to hit 24.3503 soon.

Channel Up breakout on XAG/USD
XAG/USD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 11 days and suggests a possible target level to be around 24.3503 within the next 2 days.

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