Right now Silver is catching a bid...Silver has moved up quick to test the long term neckline as resistance...If it breaks out above, it will have a huge move up, probably to retest the $21 level...If it gets rejected it will likely retest the bottom of the parallel channel as support and have another crack at the neckline later on...If fed lowers rates, its going to break the neckline....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.