SILVER (XAGUSD) Important Decision Ahead

30 Nis 2021

Silver is trading within a narrow horizontal range on 8h chart.

Its upper boundary matches perfectly with a strong daily level.
Its support is based on intraday minor structure.

To catch the next swing move,
wait for the range breakout.

• In case of a bullish breakout, a bullish continuation will be expected.
  Next resistance will be 27.8
  
• In case of a bearish breakout, a bearish continuation will be expected.
  Next support will be 24.8
  

I am on the bullish side, however, let's wait for the decision.

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