FX.co ★ Daily Video Analysis: XAGUSD facing bullish pressure, potential for further rise!

Today we take a look at XAGUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. XAGUSD is holding above ascending trendline support and MACD is holding above 0 line. We could see a further bullish push up above Buy Entry, in line with 23.6% Fibonacci retracement, towards Take Profit levels, in line with -27.2% and -61.8% Fibonacci retracement levels.