We still hold a short view on Silver despite the precious metal rebounding last week and we still expect prices to challenge support at $20.93. Silver has resumed it's downtrend today on the back of concerns surrounding demand for industrial production, as well as a stronger US dollar as evidenced by a rise in the US dollar index.
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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.