Silver (XAGUSD)
Long

SILVER (XAGUSD): One More Important Breakout

649
SILVER was accumulating within a tight trading range on a 4H time frame for nearly two days.

The release of recent fundamental news caused a significant uptrend, breaking through the range resistance and a key daily resistance level with a high momentum bullish candle.

The previously broken levels are now acting as support. I believe that the bullish momentum could continue, possibly reaching 34.80.

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