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Silver Spot The Downside Prevails

Pivot (invalidation): 14.8500

Our preference Short positions below 14.8500 with targets at 14.7300 & 14.6600 in extension.

Alternative scenario Above 14.8500 look for further upside with 14.9100 & 14.9800 as targets.

Comment As Long as the resistance at 14.8500 is not surpassed, the risk of the break below 14.7300 remains high.

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