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p4917
Dec 21, 2021 8:41 AM

Double-Bottom + inverse SHS Long

SILVER (US$/OZ)TVC

Description

From the first low at the beginning of October until now, it seems like silver has formed a double-bottom chart formation. Furthermore, since the beginning of December, the chart pattern looks like an inverse shoulder-head-shoulder-formation. So we have two signs of going long in this chart. At least until ~22.50 USD, and then we might need to re-evaluate the situation.
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