Silver has been consolidating along the 50 day MA since mid April.
Silver printed its daily cycle low on May 15 th. Silver closed back above both the 10 day MA and the 50 day MA last week and has since found support from the 50 day MA. Silver is currently in a daily uptrend. A bullish break out of consolidation will indicate a continuation of its daily uptrend and signal a cycle band buy signal.
Cycle Trading 
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