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Silver markets have been choppy during the Wednesday session, initially dropping well below the $17 level but found enough support near the $16.85 level to bounce back above the $17 level as the Americans took over. The market now looks as if it is ...and more » More »
Silver prices rose Thursday, as the multi-week uptrend resumed after a series of lateral moves earlier in the week. Silver for July delivery climbed 5 cents, or 0.3%, to $17.17 a troy ounce at 7:21 a.m. ET. The contract traded within a daily range of ... More »
"I am bullish as long as silver closes above the 400-day moving average [at] $16.91," said technical strategist Russell Browne at Canada's Scotiabank in New York overnight – the level which silver prices fell to and bounced from Wednesday.and more » More »
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