JoeChampion

XAGUSD Breakout and Potential Retrace

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Hey Traders, In the current trading session, our focus lies on monitoring XAGUSD for a potential buying opportunity within the 24.15 zone. Silver, having previously exhibited a downtrend, has effectively surpassed this trend, prompting our attention. Presently, we are awaiting a corrective phase to assess the likelihood of a retracement in the direction of higher levels in the market trend.
Trade safe, Joe.

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