CHART-III
- Falling wedge breakout is taking out all resistances.
- One can keep the trend line as trailing stop loss for the longs taken at breakout.
CHART-II
- 26.50 which was the previous support area is acting as resistance now.
- Further up moves can only happen if this level is taken out convincingly.
- Breakout of wedge has worked in favour of the bulls till now.
CHART-I
- Silver hour chart with falling wedge pattern.
- above 25.86 bulls will get good upward momentum and may hit 26.50 and 27 in the short term.
- Below 24.98 things will turn negative again and bears will gain momentum.
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