Silver / U.S. DollarShort
Currently dropping
Silver has and is still in a bullish trend, but is facing a correction at the moment after failing to stabilise above 32.000.
As price action is declining, the commodity may drop towards the nearest support barriers in search of upward pressure.
Conversely, if it fails going down to the 31.300 and 30.832 supports, and breaks downward channel and settles above the 32.000 zone, the white metal may continue going up.
As price action is declining, the commodity may drop towards the nearest support barriers in search of upward pressure.
Conversely, if it fails going down to the 31.300 and 30.832 supports, and breaks downward channel and settles above the 32.000 zone, the white metal may continue going up.
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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.
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.