SILVER PRICE AND COMMODITIES FORECAST BY CAPITAL STREET FX

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SILVER PRICE TECHNICAL ANALYSIS: WEEKLY CHART

Silver Futures Technical Analysis

In the weekly charts,  Silver is trading in an upward channel.

Silver is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.

Silver will follow an uptrend in the coming weeks.

The  Silver crucial support level is at 25.557 which is near 20 days SMA as of now. There are no signs of a bearish trend.


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