As shown the in the chart, key support is around 20.61-21.02. XAGUSD well be bearish if 20.61 support level is broken. Overall set up is still bullish as the chart is showing a nice  sideways move after a rally.

Key support levels. 21.02    20.61    19.08    18.10

Key Resistance levels     21.99    22.56    24.12    24.72

Happy Pips!


Disclaimer: This content is strictly for informational purposes only and does not constitute as investment advice.