Silver bulls are up against a key daily resistance Silver Fed Technical Analysis
Bulls rely on hourly structure to push higher.is down some 0.4% and topping out in the final part of the US session after a move up from today's lows of $20.674. The precious metal made a high of $21.015 while traders balance the risks associated with the Federal Reserve's interest rate policy and sentiment. , the white metal is up against major resistance as the following illustrates:
As per the hourly chart below, however, the price has broken up and there are prospects of a near term bullish continuation:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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