moorekapital

XAGUSD: ACCUMULATING BUT WEAK BUYING PRESSURE

FX_IDC:XAGUSD   Silver / U.S. Dollar
8
Silver is trying hard to put in some lift off but so far, I see weak BUYING PRESSURE following the break of those two objective trend lines drawn(Black)

The red trend line is yet to be broken, so I believe the last lows(double bottoms) would be tested once more.

Note: The Trend lines follow some valid definition.

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