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Linda Raschke, founder at LBR Asset Management, observes that silver is experiencing a positive upside follow-through following Tuesdays buy day.
However, she points out the asset is not yet ready to challenge single-print levels and suggests additional work is needed on the 120-minute chart.
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Raschke has previously commented on commodity price action, noting that sugar futures were undervalued on a long-term monthly chart. She has also analyzed technical resistance, identifying differences in SP chart structures around key resistance levels. Her latest comments on silver follow this history of chart-based insights across asset classes.