UPDATED CHART
- SILVER Negative divergence shown below has worked well for bears of silver.
- Now the support may come around 37.80 level.
NEGATIVE DIVERGENCE
- Possible rising wedge pattern in silver.
- Pattern will be valid if the resistance line is not broken by bulls.
- If today's high is not taken out we may see a correction towards the support line of the wedge.
- Hour chart is also developing negative divergence.
- If new high's are not made silver may start to correct soon.
- ES TRIANGLE BREAKDOWN
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