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.
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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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
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.