Silver(XAGUSD) Outlook for the day 17-06-2026

Wait 5 sec.

Silver(XAGUSD) Outlook for the day 17-06-2026 SilverOANDA:XAGUSDCrazyTrades247We Saw breakout above the level of 69.22 on Monday after a gap-up, which had broken the resistance and the bearish trendline on the chart. since then price is consolidating between the range of 71.32 - 69.070. 71.32 acting as a strong resistance 69.070 as a strong support which has been tested couple of times. Bias is clearly on the bullish direction, price forming HH & HL structure taking support of rising trendline, momentum is resting within consolidating range. Looking forward to breakout trades only above 71.3265, Stoploss could be placed below the support of 69.070, and if it goes well 74.235 could be a reasonable expectation. wait for the clean breakout, early entry could be fatal. Any new perspective you want to add, Please feel free to mention below in the comment. For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures. Regards CrazyTrades247.