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Explanation of silver’s movement using one of my indicators:
Green circle – March 2024: Start of an uptrend.
First white circle – May 2025: The uptrend gained momentum and formed a parabolic move.
👉 It is like moving away from home (the moving average acts as home).
Second white circle – March 2026: The price returned home after a 10-month move.
The support range extends down to $53.
#Silver #preciousMetal #commodity