Silver / US Dollar
Prices By FOLLOWME , in USD
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#XAG/USD# The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
Silver prices extend recovery moves from $26.48 after flashing the heaviest losses in the week. RSI normalization suggest further run-up, monthly resistance line questions the bulls. Sellers will have a bumpy road with 21-day EMA and one-month-old rising trend line acting as nearby supports. Silver