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"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. More »
Silver prices declined for a second consecutive session Wednesday in a bout of profit-taking, a sign traders were looking to buy on the dip following a multi-week uptrend. Silver for July settlement reached a session low of $16.90 overnight. Prices ...and more » More »
Silver markets initially fell during the session on Tuesday, but found enough support at the 24-hour exponential moving average to turn around and bounce, reaching towards the $17.30 level. That's an area that caused enough resistance to turn the ...and more » More »
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