As always, the sharp silver breakout was quickly sold. Support appears to have emerged however at the top boundary of the downward channel. While the constraint of the sideway channel shows upside potential only to 27, seeing how Nickel broke the LME exchange shows what can happen. Notice though that the nickel longs were not able to profit as the exchange shut it all down. Just goes to show that even if you are right, you can never win.
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