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#TradeIdea XAGUSD Outlook! On the H2 chart for XAGUSD | FBS Analytics

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XAGUSD Outlook!

On the H2 chart for XAGUSD, a "head and shoulders" pattern has formed. A breakthrough of the resistance level at 23.000 is a good signal for a bullish trend.

If the price surpasses the resistance level at 23.000, the next target will be 23.400.
However, if the price declines below 22.700, it will pave the way to the support level 22.000.

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