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Silver: Ascending Channel

XAG/USD, 1 hour    SHORT Apr 14
It seems like an ascending channel is close to being completed and XAG/USD calls for a further strong move for the certainty of breakdown. An ascending channel can be thought of as a specific formation that has an upward slope that often identifies a further move down when price collapses through the support line. XAG/USD to prolong the corrective phase to 25.8 on a breach of 25.95.
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