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Silver prices continue to fluctuate around $27.62, facing persistent negative pressure. The metal needs to decisively break this level to sustain the ongoing bearish trend within its current channel, with potential targets at $27.00 and $26.12. Despite this, a move above $27.85 could counteract the bearish momentum, leading to a potential recovery and targets beginning at $28.55.
For today, trading is expected to range between $27.15 for support and $27.95 for resistance.
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