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Monday, June 23, 2014

Daily Silver Technical Update and Forecast(23 June 2014)

Silver Daily Technical Analysis and Outlook:


The rise so far seems to be
ripe enough for some corrective price action with the target being around the 20.54-20.40 area. On the upside 21.06-21.25 would act as resistance.20.00 is the price area that the bulls must protect,a breach of which will not be a good sign for the positive price action. Overall the trend is bullish.

Happy Trading..


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