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Silver prices have continued their downward trend, surpassing the initial target of $28.55 and setting the stage for further declines. The metal is now expected to approach the $27.62 mark in the upcoming sessions. The bearish momentum is anticipated to persist, though there may be some short-term fluctuations due to current stochastic positivity. For the downtrend to remain intact, prices need to stay below $28.55.
Today’s trading range is projected to be between $27.85 support and $28.65 resistance.
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