XAG/USD: upward impetus

Forex analytics: On the monthly chart the pair XAG/USD has reached strong resistance level of 16.10 (ЕМА200). At the same time fundamental data gives ground for breakout of this level and further rise in the pair. On all the charts from 4-hour to monthly the indicators OsMA and Stochastic give signals for long positions. In case of this scenario the nearest targets will be the levels of 17.10, 17.80 and 19.00. ...