It seems that silver has found triple bottom support on the RSI, while DXY is showing signs of a strong bear. This suggests that commodity prices may rise, which in turn could send silver to test $24.5 once again. However, if silver fails to clear this area, it could potentially lead to a permanent collapse of silver prices.
But for now, this chart is bullish. Enjoy the trend!
But for now, this chart is bullish. Enjoy the trend!
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DXY Pumps. Trade canclled.
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