Preferred direction: BUY
Comment: After yet another historical and local record for metals, this market began to correct faster than currency pairs. In silver, in particular, we have recorded a local maximum and are now confidently moving towards the support level of 29.77800. Near this level, we consider long according to scenario №1, taking into account the context. We also do not exclude scenario №2, which involves buying at the 29.00 level. In both cases, we do not consider the target above the level of 31.80, where this correction started.
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