Description: The counter XAGUSD look to form an ascending triangle. A flat-top resistance @ 27.40 and trend line support around 26.00 to 26.15 together form the ascending triangle. Today the counter is looking to break the resistance line @ 27.40. Prices trading a couple of hours above this level might push the counter to further highs. A price accumulation around the resistance line might get the counter a bit stronger for upper moves and for the bullish trend to stay intact. We look for buys to take a ride, once the resistance breaks and make the counter bullish till 28.80 to 29.00 levels. The trend line holds as the major support for the bullish trend to continue. Only a break of the trend line might possibly reverse the trend for a reverse mode. The major levels for this counter are R2 – 28.00 R1 – 27.58 PP – 27.15 S1 – 26.73 S2 – 26.29
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.