Chart of the Day Silver

SILVER is breaking above the resistance

Silver is breaking above the first resistance after a bounce off the 16.65 uptrend wedge support level. This break is opening a possible 17.600 upside breakout test. Now only a daily close below 17  again would invalidate the upside.

ARMAT trading system is neutral

Note: look for the long trade entries with the stop loss below 16.9.

 

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