SILVER (XAGUSD): Classic Trend Continuation

6일 전

Silver is presently in a downtrend, moving steadily within a parallel descending channel on the 4-hour chart.

After testing the channel’s upper boundary, the price dropped, breaking a strong support level.

Now, a retest of this broken level is underway, suggesting that further declines are likely, with target levels at 29.70 and 29.38.