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Silver analysis for 02.11

The overall trend is upward. Silver trades in the range of 365 and 135 moving averages. The descending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a bullish divergence. Breaking 24.09 will result in the formation of an ascending wave pattern, where the wave (A) …

Gold analysis for 01.11

Gold price shows some bullish bias after the strong decline that it witnessed in the past sessions, to test a minor resistance level located at 1785.00, affected by the positivity of the stochastic indicator. Meanwhile, the EMA50 forms negative pressure in front of the price, which supports the chances of …

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