Hey traders,
After two weeks long consolidation on a key level,
Silver broke and closed below a support line of a rising parallel channel on a daily.
Moreover, the price formed a double top with a lower high confirming a prevailing local bearish sentiment.
I believe that the price can go lower.
Goal - 26.7
Consider broken support of a channel for entries.
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Disclaimer
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.