Silver builds on its intraday gains through the first half of the European session on Friday and jumps back closer to a nearly two-week high touched t
Silver regains positive traction on Friday and climbs back closer to a near two-week high. Neutral oscillators on the daily chart warrant some caution for aggressive bullish traders. Any meaningful corrective slide is likely to attract fresh buyers near the $21.60-55 region. he previous day, though remains below the $22.30 strong horizontal support breakpoint.
80 region en route to the $24.00 round figure and the $24.30-$24.35 resistance zone. On the flip side, the $21.75 horizontal support might continue to protect the immediate downside ahead of the $21.60-$21.55 zone or the weekly low. Some follow-through selling could drag the XAG/USD back towards a multi-day-old trading range resistance breakpoint, turned support, around the $21.3-$21.30 region en route to the $21.00 mark. The downward trajectory could get extended towards the $20.70-$20.
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