Silver – Looking for a bounce


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– Approaching an area of demand.
– Confluence with the 50% Fib retracement of the AB move up
– Price also approaching the 200 SMA
Observe price action (candlestick formations etc.) once price reaches the level.
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This entry was posted in Commodities, Fibonacci, Misc. Setups, Silver, Support (Demand) - Resistance (Supply). Bookmark the permalink.

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