SILVER Trading in a Range

• Silver trading in a bullish rectangle. I say bullish because price is trading above the crucial support resistance zone near 19 levels which is shown in weekly time frame.
• So Weakness for Silver only if it starts to trade below 19 levels.
• CRUDE OIL HOUR CHART ANALYSIS

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CRUDE Oil trend update

• If price stays above the rising support line the up move should hit 44.50 levels at least.
• Weakness in hourly time frame if price break below the trend line. Bears will also be interested if price sustains below 42.50 levels.

ES 4 Hour chart Analysis

 

• 4 Hour trend line and 2170 levels are crucial for es bulls to sustain this up move.
• Weakness only if price starts to trade below 2170 levels. 

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