As discussed in the previous post, it proves true that silver had been traded higher and higher after the price was successfully penetrating the red horizontal line and stayed closed above the line.
As the market is closed today, the silver was stopped at 16.23. As it has broken the strong resistance line, most probably, the price will consolidate and will re-touch the red horizontal line before pushing up again. Let's put our eyes on it so that we can trade it properly with huge profit.
Stay with my analysis and come back to check it out again.
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