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sorinT
Nov 12, 2015 10:14 AM

Silver at the resistance 

SILVER / U.S. DOLLARICE

Description

On 4h chart, silver just hit the resistance line of the trading channel. A close above the EMA13 and the trendline would be a strong indication of a medium-term recovery.
PPO and RSI showed already a breakout but we need a price action confirmation.
Alternative scenario - silver will bounce back targeting 14 area.
Things are getting interesting:)

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