Silver Technical Analysis: consolidation Zone $20.20-20.85

Silver Technical Analysis: Silver price is displaying a consolidation formed in a range of $20.20-20.85 after a sheer perpendicular downside on an hourly scale. The asset looks vulnerable as the 20-period Exponential Moving Average (EMA) at $20.70 is acting as a barricade for the Silver price.

The Relative Strength Index (RSI) (14) is struggling to surrender the bearish range of 20.00-40.00.

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