Silver Near Extreme Channel, Reaction Expected
Silver smashing against an extreme outer channel, looks like an mini head and shoulders, that will break higher rather than lower.
Previous post: This chart shows a extreme sell down, time to watch this security daily - Update
Option expiration week is over, extreme volatility of last week ends (we assume), now it is the time to see if metals will show signs of bullishness. Maybe forecasting a longer USD sideways move.
Latest chart.
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Previous update chart
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