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XAGUSD: Counter-Trend Breakout

XAGUSD (Silver) is breaking to the downside. There's a couple of key things I'm watching for this play:
  • Price failed to push higher in the uptrend
  • Price is in process of making a sharp breach, crossing below the trend line
  • The second floor isn't holding as price is breaching below it


ADR: 89
SL: 80
TP: 180

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