XAGUSD: Silver to End 2020 on a High Note

From dailypriceaction.com

Silver (XAGUSD) has reached its first key resistance level at $26 following this week’s breakout from $24.50. I discussed silver’s breakout potential on Tuesday, hours before it entered full-on rally mode. But we’ve known about this bull flag pattern for months. I first mentioned it on October 13th when I said XAGUSD was a “buy the dip market”. Before we get to the key levels I’m watching now, I want to discuss the measured objective I wrote about recently. I’ve seen a few comments stating that XAGUSD has formed a wedge pattern over the last few months, not a bull flag. And in my opinion, it’s both. ... (full story)