Silver has renewed it's downward momentum in the past few days having fallen on the back of a strengthening US dollar despite a pullback in equities due to the second wave of the coronavirus. Therefore we have changed our view from neutral to short and we anticipate the precious metal to challenge support at around $21 in the coming trading sessions.
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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.