Silver (XAGUSD)
Long

Rebound Silver up. H4. 29.10.2024

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Rebound Silver up 📈

In silver, the price corrected rather weakly and went further up to rebound to the strategic resistance at 35.50. After that I expect a downward correction, but not a major reversal. Judging by the options, the strategic expectations are around 37.50 and that is where a major reversal down may come. Now 35.50 looks like an intermediate correction.
SILVER

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