Silver seems could not break out from the top of resistance around $22.250 Even the price slides and breaks down the rising wedge support lines. This is really bearish momentum that could bring down the price fall hard to 61.8% or might be even lower. Although the price is still possible to pull back to the top, that point would be the best spot to sell Silver again.
Anyway, the situation could change immediately following the Dollar Index and Gold. I’m expecting the price to fall hard to 78.6% or even lower.
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