Articles
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SILVER - Weekly Report
By icn.com
Silver has finally broken the recent consolidation pattern, while Momentum is bearish as seen on RSI and Stochastic. Accordingly, we expect further downside movement this week. Targeting 30.80 level as an initial downside target.
Based on the charts and explanations above, we recommend selling silver below 31.70 targeting 31.30, 30.80 and 30.45. Stop loss above 32.50.
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