Silver closed higher on Friday as it extends last week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible near-term. If it renews this year's rally, monthly resistance crossing is the next upside target. Closes below the reaction low crossing would confirm that a short-term top has been posted.
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