July 03, 2025

Trade ideas

XAGUSD: Growth Momentum

XAGUSD, Daily

XAGUSDDaily.png

In the Daily timeframe, XAGUSD formed a bullish flag pattern, breaking the upper trendline. The price also rose above the nearest fractal and TEMA, confirming the start of the upside.

  • We consider buying #XAGUSD on a rise above 37,000 with a target of 38,500 (161.8 Fibonacci)

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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