SILVER (XAGUSD): Downtrend Emerges from ResistanceThe price of SILVER (XAGUSD) is showing bearish momentum after testing key resistance levels marked by both horizontal and vertical trend lines.
Initially, the pair consolidated within a range but experienced a sharp decline upon testing a descending trend line.
This movement breached the range's support with a decisive bearish candle, suggesting further downside potential. The price is likely to continue falling, with a target set at 30.00.