Silver jumped during the last hour, climbing from $23.16 to $23.52, reaching the highest level since early February. Gold is algo rising, trading at weekly highs slightly above $2,000.
Since the beginning of the week, XAG/USD has gained 4% and from the March 10 low, almost 20%. Price is testing a relevant technical area and a consolidation above $23.50 could keep the road to more gains clear, even as technical indicators show extreme overbought conditions.
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