Silver Tests 0.5 Resistance Arc, Breakout Toward $66.30 in Focus
Silver is testing the 0.5 resistance arc on the 1-hour chart, with Arc Cycle Analysis pointing to a possible breakout toward $66.30.
XAGUSD
Silver is pressing against the 0.5 resistance arc within the current Arc Cycle on the 1-hour chart.
Price is testing this resistance level, and the setup suggests a potential breakout toward the next resistance area near $66.30.
The view is based on Arc Cycle Analysis applied to the 1-hour timeframe.
Source: FXStreet Forex News