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Silver prices have reached the anticipated target of $29.30, closing above this mark and reinforcing the potential for a continued bullish trend. This movement suggests the next significant target could be $30.06. Support for the bullish outlook is bolstered by the EMA50 indicator. However, a drop below $28.55 could reverse the upward trend and trigger a decline.
Today’s expected trading range is between $28.95 for support and $29.70 for resistance.
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