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Silver






12/1/2014 10:47:58 AM

Silver - Technical Analysis: Monday, 01/12/2014 15:47 GMT



Silver price soared quickly to visit the descending  channel’s resistance at 16.40 and still below it, to keep the chance valid for a bearish rebound and resume trading inside it.

Breaching this level will stop the potential decline and push the price to recover and achieve targets that reach near 18.00.


Target
Risk


Support
Resistance


Trend Bearish

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