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Silver needs positivity to support the upward movement, and as long as it is trading in the negative zone, I am cautious about it, especially on the 4-hour timeframe and the daily timeframe!!
A clear and explicit trading above $74 will be the beginning of positivity, especially if it enters the positive zone on the 4-hour timeframe!! At that point, the main target for silver reaches $87.
And if it trades clearly above that, the rise could very well reach $120!!
Currently monitoring and will update frequently, so don't forget to follow me if you're interested in the latest silver updates!
$XAGUSD50
#GateGoldenTouch #OilPricesRise #MarketsRepriceFedRateHikes