Silver / U.S. DollarUpdated A potential bullish bounce for silver
Though silver is currently in a downtrend, price has failed to breach 20.6 for three consecutive days in a row, forming a potential triple bottom pattern. DXY is well overbought on the daily timeframe, and currently has reached a ceiling in a key resistance zone. Factor that in with tomorrow's high impact news, I feel we can see at least a short to medium term bounce for the precious metals.
Trade closed: target reached
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