On Silver we expect a retracement more deep. Market overbought in the weekly chart, we see multiple rejections and we are now in a bearish market. Price is testing now the down trendline and definitely price can continue down. Important to notice that this is my personal risk to reward in this position, you must set up your own according your strategie.
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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.