XAGUSD: Bullish formation.
Silver is on a 1D Channel Up (RSI = 57.653, MACD = 0.076, Highs/Lows = 0.0566). 4H is also on a bullish Channel (RSI = 57.109, Highs/Lows = 0.0000) but more neutral which offers the necessary support. The pattern behavior is quite clear and as soon as this Channel breaks upwards 16.215 at least will be tested. Our TP is 16.200.
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