Silver neutral

Silver prices spike

04 October 2022 67
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The price of silver showed a strong growth momentum of almost 9% yesterday. The mark of 20 was broken through without any substantial resistance from the sellers, as a result the quotes came to the 20.8-21 range.

After such a sharp rise, traders can take a breather. At the same time, an overbought of RSI has not formed yet, and a rise to the level of 22 is quite possible. In the case of correction, the previously reached 20 level may act as support. 

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