SILVER - Double top

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If gold is in a decline mode silver is dropping too...
Silver started to print its double top a bit later than gold but it's heading to the neckline at 30.058$.

We might backtest the breakout again at 26$ in a few weeks.

And also notice on the XAUXAG chart silver printed a daily swing yesterday :
https://www.tradingview.com/x/lBhoHITt/
It might want to backtest the triangle~s lower trendline.

If the XAUXAG chart moving up the silver decline will be much more severe.

Prepare for the double top to break down soon !


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Double top neckline is broken.
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Dip buyers bought the drop at the neckline yesterday like there is no tomorrow.
We need to go much lower from here to reset this bullish sentiment.
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Back below the neckline:
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XAUXAG triangle
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On the way to backtest the trendline
Chart PatternsTechnical IndicatorsTrend Analysis

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