- Silver picks up bids to print the first daily gains in three.
- Three-week-old bullish channel, ascending trend line from late October keep buyers hopeful.
- MACD signals challenge upside bias but bears should remain cautious beyond $21.25.
Silver price (XAG/USD) welcomes buyers after bears failed to hold the castle following a two-day reign. That said, the bright metal picks up bids to refresh intraday high near $23.70 during early Friday.
In doing so, the XAG/USD recovers from the 10-DMA support of $23.55 to print the first daily gains in three while staying inside an upward-sloping trend channel established in late November.
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