XAGUSD Chart Technical Outlook Silver completes a bearish Bat at $23.11
DXY (USD Index) – moving lower within a bearish channel formation. An AB=CD corrective pattern will be completed at 103.39. Bespoke support is located at 103.39. I look for dips to be bought.
Correlation would suggest limited buying pressure for Silver.
I have resistance at $23.10 and $23.14. We will complete an intraday bearish Bat formation at $23.11.
