Breakout from accumulation channel
Looking for silver to find support at old resistance by May 25 where horizontal movement and diagonal trend line intersect. New resistance is likely in the 18 to 18.50 range.
Physical and paper contracts still are not matching up in pricing. Though RSI is still worth watching as we might enter overbought territory temporarily.
Physical and paper contracts still are not matching up in pricing. Though RSI is still worth watching as we might enter overbought territory temporarily.
Penafian
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