SILVER (XAGUSD): Waiting For BreakoutIt appears that SILVER is getting ready for a potential uptrend.
After analyzing the 4-hour chart, I spotted a falling expanding wedge pattern with a confirmed breakout above its upper boundary.
The main challenge for buyers now is the resistance level between 28.80 and 29.13 on the 4-hour chart.
If the bulls manage to surpass and close above this level, it will be a significant indication of a bullish trend.
Following this breakout, we can expect a bullish movement towards at least 29.60.