Silver to FALL!

After the steep fall Silver tested the Local Resistance , though was rejected at the 0.236 FIB level and after the slight pullback broke the line where we established the Local Support line. The price has recently been rejected by the Upward channel's midline and we can identify perfect Hanging Man pattern that suggest that the trend reverse hence FALL ↘️ will occur. The price is going to decline and in addition to the Local Support we have 100 EMA acting as one since the beginning of May!

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