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Silver Flash Crash Long Forgotten as Bullish Price Action Takes Hold
Good afternoon traders, Do you remember the Silver flash crash? You can click the link for a little refresher of my thoughts around XAG/USD price action, but the following extract from that blog is key: “With Silver known for its ability to maintain trends after higher time frame support/resistance levels hold, it will be interesting to see if we can get an intraday stepping pattern to build a long around down here.” Well since that trend line reactivation, take a look at how price has continued north without looking back……well until now. Check out that juicy pullback. That’s certainly the furthest price ... (full story)