@ambatha736 on XAGUSD | PriceONN Community

XAGUSD is currently exhibiting a potential ascending triangle pattern on the H4 chart, with resistance around the 84.50 level. A confirmed breakout above this resistance, accompanied by increased volume, could signal a continuation of the bullish trend towards the 85.00 level. Conversely, failure to break through resistance and a subsequent break below the 83.50 support level could indicate a trend reversal. It's crucial to monitor price action closely around these key levels and confirm any potential breakout or breakdown with additional technical indicators, such as the Average True Range (ATR) to assess volatility.