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Silver Daily Technical Analysis and Outlook:
Prices bounced well reaching 30.50 a few cents short of our target zone around 30.59-30.72. The odds are high that prices must start coming down testing the support at 29.76-29.65 and 29.05-28.75 provided the old high at 30.50 is not breached. If it is then a move towards 30.82-31.14 would be the next likely outcome.
Happy Trading..
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