Silver inches higher as the US dollar falls from profit-taking across the board. On the daily chart, the precious metal found support at the origin (17.60) of the parabolic rise in July 2020. A close above 18.50 has given the bulls more confidence to extend the recovery. 19.40 is a major roadblock ahead and strong pressure could be expected from this former liquidation point. But its breach could extend gains past the psychological level of 20.00. 18.40 has turned into a fresh support in case of a consolidation.
