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Technical analysis of Silver





The prices of Silver has risen on back of its breakout but very interestingly and as mentioned in earlier post the momentum between Silver and Gold seem to be diverging with Silver leading the charge. While the momentum of Gold has sagged with tough resistances around 900 levels Silver has kept up the momentum.





The next resistances for Silver are seen around the area of $14. What happens if Silver breaks above this level would be a very interesting guess. Most probably it will rocket.

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