A descending triangle shows how the price of silver is forming lower highs, maintaining the same lows on the support at $15.70.
In this case, it would be good to buy around $15.70 and sell around $17. Short positions are preferred though.
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Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
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