Silver is forming a bullish ascending triangle. A breakout to the upside is a bullish signal. In that case a retest of the $54 level is likely. RSI divergence supports bullish thesis. A violation of the triangle base would invalidate.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.