Silver Price Analysis: XAG/USD recovers early lost ground to $23.00 area

Silver reverses modest intraday losses to the $23.00 neighbourhood and turns neutral during the early European session on Wednesday

Sentiment is: Neutral

Technical Analysis

XAG/USD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 16 hours.

XAG/USD approaching resistance of a Channel Up

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