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XAGUSD

As in the title, the situation on the silver market looks similar to gold, but not the same. You can see uniform movement in the direction, without major corrections, as in the case of gold. We expect to reach the designated level in proportion to the gold, so there is also a chance when one metal is slightly behind, the other one may deepen the movement, before the correct breakout. As in every analysis, I emphasize that the determined level is indicative, and we will not catch the hole without a prior signal! We are waiting for the price to react and give any signal that it may start to rise.

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