ROYALRYFX

XAGUSD Technicals

Long
OANDA:XAGUSD   Silver / U.S. Dollar
XAGUSD(silver) last week retested 23.20 support, and also closed above the 23.20 handle.
As such, any retest of 23.20 will likely attract buyers, but don’t expect it.

Given the bullish momentum last week, XAGUSD may decide to pull up this week to resistance of 26.00 without pulling back.
Time will tell, but either way, I’m anticipating a move to 26, 35, 44, and 50+ in the next few years.
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