SILVER setup with very high potential. SILVER broke below Long term Support around 22.1 If these levels now hold as resistance, this will confirm a breakout for me with lots of downside potential. Be careful of potential bear trap / fakeout. This setup will be invalidated in the case of a break above the 50-day EMA, around 22.75.
This is very high timeframe, so could be highly dependant on news / fundamentals.
Prioritize risk management. This is no financial advice. Good luck and happy trading! :)
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