Silver is heading to test the hourly trend line (orange) which indicates the formation of higher lows; signifying the bull pressure to push the prices up.
With the consolidation happening over the past days I reckon it'll break the current resistance to reach the $15.00 levels.
With the consolidation happening over the past days I reckon it'll break the current resistance to reach the $15.00 levels.
Trade closed: stop reached
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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.