SILVER (XAGUSD) Important Decision Ahead
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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