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Silver Spot: Under Pressure

Pivot (invalidation): 23.0500

Our preference Short positions below 23.0500 with targets at 21.2000 & 20.6000 in extension.

Alternative scenario Above 23.0500 look for further upside with 23.8500 & 24.5000 as targets.

Comment The RSI is bearish and calls for further decline.

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