Ochlokrat

Silver in free fall

Short
TVC:SILVER   CFD Argento (US$/OZ)
As we know, trends last longer than traders would like. Silver is currently resisting all attempts by the bulls to bring about a recovery. Most recently, the price was rejected right at a balance price zone.
I therefore assume that the downward trend will continue. The price should reach the area around 21.10/21.00 dollars soon.
It is conceivable that silver will head for the area between 19.30/19.00 dollars in the coming weeks.
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