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Silver analysis

13.06.2022

Market Review


Silver historical support level 21.43 restrains sellers. The reverse pattern Pin Bar with a false breach is forming. Awesome Oscillator indicates bullish divergence, and averages of Stochastic Oscillator have exited the oversold area.

Trading idea:

Buy at the session opening on Monday, if the pin bar preserves.

Stop-loss: 21.256.

Target levels: 22.430; 23.090.

Author: GC
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