Silver Comex
Silver Comex daily chart
Analysis
Prices are moving above the falling channel and can move higher near to its previous high placed at $26.00 levels going ahead. However RSI is in overbought terrain and can relieve from here.
As per wave theory, prices are moving in corrective wave or can also be an impulse if it continues to move higher well above $26.00 levels.
The summation is Silver Comex prices can surge till $26.00 levels going ahead and can even move higher once its resistance is taken out decisively.
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