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Silver has shifted into a bullish technical posture after confirming a breakout above a long-term descending trendline. The breakout is

Silver (XAGUSD) remains near record highs, entering a consolidation phase after a strong upward move. Rather than signaling weakness, the

The current consolidation is ‘cooking,’ indicating that momentum is accumulating after the initial breakout My Take: Silver’s tight consolidation after

“This could be the final slam before the metal begins rising toward the upper end of the range,” TBones noted

Silver has been knocked down toward the 50-day moving average but has not yet fully reached it, leaving room for

Silver has turned lower after a brief rally earlier in the week failed to hold, resulting in what many now

Source: TBones