CFDs on Silver (US$ / OZ)
Short

Silver Update. Considalating, drop then up

We have been consolidating for a few days here. Price has had trouble breaking out of the $17 resistance. If it does not break through strongly to the upside soon a pull back to the 200dma is likely. Whether we see consolidation at the level or a bounce back up will determine I believe on the overall strength and the markets and economy.

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