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Silver prices have been testing resistances and supports between the FIB levels 23.6 and 38.2 for a few weeks.
The breakout of the forming triangle pattern resulting in a break of the FIB 23.6 level could push prices towards new ATH.
In the event of a downtrend breakout of the supports on FIB 38.2 it could vice versa indicate that the trend has definitively reversed.
Silver prices have been testing resistances and supports between the FIB levels 23.6 and 38.2 for a few weeks.
The breakout of the forming triangle pattern resulting in a break of the FIB 23.6 level could push prices towards new ATH.
In the event of a downtrend breakout of the supports on FIB 38.2 it could vice versa indicate that the trend has definitively reversed.