Silver Just Hit $89, But The Charts Are Hiding a Catch
Silver (XAG) price reached $89 yesterday after breaking out from a descending triangle on May 7. However, four-hour indicators now warn of a possible pullback toward $79 before any further upside. The metal trades near $86.94 today and holds inside an ascending parallel channel. Meanwhile, RSI and MACD readings on the 4H timeframe hint at...
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