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Silver: Descending Channel

XAG/USD, 1 hour    LONG Nov 13
As we can see a descending channel pops up and the price is ready to break out. A descending channel is said to depict a compelling chart formation with a downward bias that predicts that the price to go long when price breaks through the resistance. XAG/USD hints a change to the upside to the 22.6 mark.
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