Technical Analysis of OANDA:XAGUSD XAGUSD has been consistently trading below the EMA90 line, signaling a prevailing bearish trend. It has historically broken the Ascending Broadening Wedge (ABW) pattern and recently breached the symmetrical triangle. This latest breakout reinforces the likelihood of continued bearish movement. Additionally, the MACD has produced a bearish crossover, with the MACD line crossing below the signal line, indicating potential downward momentum. These technical indicators suggest possible downside targets of 26.02030 (Target 1) and 25.44300 (Target 2). Please note, this analysis is invalidated once the target/resistance area is reached. Disclaimer: This analysis is provided for educational purposes only and should not be construed as a recommendation to take a long or short position on XAGUSD. We appreciate your support—please engage with the content, use the rocket button, and share your thoughts in the comments below.