Silver stuck up at the bottom in red ascending triangle making ABC Pattern in weekly chart ABC
waves are marked by various highlighted points. Green line above is working as resistance. Further, there are two black lines marked between 22.574 and 23.800. This is the range in which the price is stuck up right now.
Let us drill down to lower time frame chart.
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5H Chart confirming the trend
Comment:
For execution- please use any of the other indicators like William %R, EMAs and SMAs.
