Mihai_Iacob

Silver could rise to 24.50

OANDA:XAGUSD   白銀 / 美元
Like its bigger brother, Gold, Silver also dropped hard these days.
However, looking at price action this week we can see that the drop lacks much momentum and is drawing a falling wedge pattern on our short-term charts.
This could be an indication of a reversal and the 24.50 resistance zone could be the bulls' target.
A new low would negate this scenario

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