Since gold and silver is closely correlated we will see some buying power for this commodity as well. Looking at a Bearish Bat pattern that formed on the asset to sell in the near future .RSI showing some strong momentum on the 3hour timeframe as the end of a correction formed on the 15min timeframe but master direction is to go long so it will be a good idea for the week ahead as dollar weakness will continue.
Note
Silver finds support on strong structure low to go long
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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.