Symmetrical triangle support tested
Silver has now successfully tested diagonal support of the symmetrical triangle formation and based on typical breakout patterns the final test should occur around two thirds to the apex, which it has. The expected move is now back towards the upper diagonal which coincides with the current monthly pivot @ 27.91. Form here a breakout will see a new bullish trend and cycle emerging. It is worth noting that any break above the monthly pivot @ 26.70 will see this level become support and a possible level for a future pullback (pending a breakout). Support is currently provided by the lower diagonal @ 25.80 with a break lower initially targeting support @ 24.93
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