XAGUSD has a falling trend and it is losing its power. For the 1d graph, it has lower highs and a "falling triangle". Also, shoulder-head-shoulder formation and double pick were seen in the short past. They indicate weakness. I'm more close to short but before taking a position, it must wait for a confirmation.
If it will break the support...
As you can see the market is moving in a falling triangle.
We expect the market to either follow the originally trend or it'll form a new downtrend.
We recommend to buy/sell the retest of the bvreakout, to avoid false breakouts!
Thanks and good luck!