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Silver showing strength today 💪. RSI is overbought on the daily, around 71, but momentum is clearly upwards. Watching to see if it can sustain above the 87 level... Next resistance at R2 around 87.12. Could be a good short-term opportunity if it breaks through. 🤔
Update: Just saw the latest COMEX silver inventories report... slightly down. This might add fuel to the fire 🔥. Still cautious with the overbought RSI, but the fundamentals are supportive. 🤔
