The bullish momentum for silver is weakening, making a downward move likely. This decline could bring the price down to around 31 temporarily before a potential rebound. We closely monitor the strength of the downward movement and analyze candlestick patterns before considering a long position at the support line.
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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.