XAG/USD may fall 0.79 - 1.49 USD

Our preference

Short positions below 76.50 with targets at 74.20 & 73.50 in extension.

78.400 Resistance

77.300 Resistance ..

76.500 Resistance •

74.990 Last

76.500 Pivot

74.200 Support .

73.500 Support..

72.500 Support...

Comment

As long as the resistance at 76.50 is not surpassed, the risk of the break below 74.20 remains high.

Alternative scenario

Above 76.50 look for further upside with 77.30 & 78.40 as targets.

$XAU

XAU
XAUUSDT
4,682.64
-0.50%

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