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Silver likely to retest previous high at 30.08

FOREXCOM:XAGUSD   은 / 미국 달러
Silver price stand firmly above support price at 21.72, FED official mentioned would be have another three interest rate decision this year with expect of 75 basic point cut.
Outflow from dollar market share start flowing to other asset class such as Silver?

However, US presidential election would be held on coming NOV 2024, expect market would be choppy during the period.

Monthly Support- 21.72
Monthly Resistance- 30.08

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