sugardaddyFED

FOMC statement trade?

FX:XAGUSD   Silver / U.S. Dollar
- Silver prices are converging for a potential breakout
- A break below $16.80 offer a decent RR for further weakness - retesting the breakout level
- Silver prices can be very volatile - upside on the break above will allow prices to play out a bull flag formation - targeting well above $18.50

But who will prevail? Bull or Bear?

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