XAGUSD H4 Analysis: Channel Breakdown Signals Downside Move

🥈 Silver has retested the previously broken upward trend line of the ascending channel. The price has broken out of the cloud, and the Kijun line has crossed below the Tenkan line, falling below the nearest fractal.

🔽 A drop below 74,500 will push XAGUSD even lower;

🎯 Target: 70,000.