Silver: supported by a rising trend line
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Our preference: Long positions above 22.60 with targets at 22.85 & 23.00 in extension.
Alternative scenario: Below 22.60 look for further downside with 22.45 & 22.32 as targets.
Our preference: Long positions above 22.60 with targets at 22.85 & 23.00 in extension.
Alternative scenario: Below 22.60 look for further downside with 22.45 & 22.32 as targets.
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