Silver Crosses above 50-SMA as Positive Momentum Strengthens

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Silver Crosses above 50-SMA as Positive Momentum Strengthens

Silver has been trending downwards in the short term after its recent rebound was rejected by the 200-day simple moving average (SMA). However, in the last few daily sessions, the metal has gained traction, crossing above its 50-day SMA and recouping part of its losses. The momentum indicators endorse the likelihood of a sustained recovery […]

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