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GuardianFX
Dec 11, 2023 9:23 PM

Silver analysis XAG/USD  

SILVER (US$/OZ)TVC

Description

A monthly analysis of the silver chart is showing a major structure struggle. A lot of consolidation going on. However we have a higher timeframe head and shoulders pattern that has formed. The $25 $26 zone is the neck line here. We need a breakout on the weekly for the next exponential move up. Keeping in mind we have a multi year wedge patter within the same consolidation area.
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