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Silver Spot Supported By A Rising Trend Line

Pivot (invalidation): 14.9200

Our preference Long positions above 14.9200 with targets at 15.0300 & 15.0800 in extension.

Alternative scenario Below 14.9200 look for further downside with 14.8600 & 14.8000 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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