Silver appears to be at a rare Power of the Pattern price point. Below looks at Silver since the late 1990’s.
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Silver finds itself dealing with a rare technical set up, as it is facing potentially four separate resistance lines, as momentum is lofty.
Sentiment is currently rich to the bullish side, as nearly 90% of traders at Stocktwits are bullish Silver.
Joe Friday Just The Facts; Slipping risks are high for Silver, if support would give way at (1).