Thursday, October 7, 2021 10:52 AM EDT
Silver looks bullish and it can have an imminent breakout.
An inverted SHS pattern is pushing the price higher up. If we see the breakout above the trend line at the POC zone the market should be moving higher to 22.95, 23.29, and 24.01. The move should be also based on momentum and bulls should be safe. Look for an h4 candle that closes above the trendline 22.72 for confirmation.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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