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Commodities and Futures reports that silver is sliding significantly in the US market today.
Commodities and Futures reports that silver is sliding significantly in the US market today after forming a double top.
The market news is quoted as saying:
The decline from that has already materialized, and the bullish momentum has been technically violated. The RSI plunged below 40, reflecting a loss of the bullish momentum. A break below 30 suggests bearish momentum.
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Read more: https://www.ibtimes.com/articles/113221/20110216/silver-loses-momentum-after-double-top-29-60-is-key-support.htm#ixzz1EA2YBY00