Trade Setup – Spot Silver Nov. 16th

Verified Profitable Trader

Spot Silver – Weekly Chart
After going parabolic, the formed a nascent high just above $29 but then sold off massively shedding over $3 in the process closing just above $26 forming a huge rejection and PBar formation.  Look to sell any rallies back into the rejection zone targeting $25 and the 20ema.

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