Silver came off pitchfork. Has not seemed to be going up aggressively. However, if that is a running flat (yellow trend lines), then if it breaks out to the upside it could do it with some force. It is even possible that it breaks the high at 21.00 long term (structurally speaking). Notice the red 200MA on 4hr and the green supply zone, that may be a potential buying area. Therefore, I am interested to see what kind of correction it gives us.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.