Silver Bounce Upwards

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Silver has started to coil for a nice move upwards on the daily chart. Candles bounced off the 200 week moving average and forming a triangle. If the candles break to the upside of the triangle we can see about a 26% average move upwards. 1 candle close above the 9 day moving average which is represented by the red line will also confirm a bullish run.

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