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Silver Daily Technical Analysis and Outlook:
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| Silver Price Chart |
The day after our previous update prices after testing the support zone around 31.43-31.25 reached the lower end of our target zone around 32.05 (price action between the two red lines). After that prices have been slowly and steadily moving to the downside. However we still retain our bullish outlook. A break of 30.25-29.86 would make us review our bullish bias.Initial upside target remain same around 32.05-32.55
Happy Trading..
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