XAGUSD (Silver) – Limited upside with the AB=CD target at $15.70

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Weekly:  Remains contained within a bearish channel formation. The Ichimoku cloud has capped gains and a shooting star candle has been posted, negative for sentiment Daily: A bearish evening star has formed after a rejection from the previous swing high ($16.19). Selling has continued from the 61.8% Fibonacci retracement level of $16.00 (17.32-13.87). We are now trading inside the Ichimoku ...

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