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    Daily analysis of Silver for 25 February, 2016 2016-02-25

    SILVERH4.png

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    Overview

    The silver price has not shown any strong moves since morning; therefore, our neutral attitude remains valid until surpassing one of the next trend keys represented by 15.00 support and 15.70 resistance. Breaching 15.70 levels will push the price to the recently recorded top at 16.35 as the first main target; while breaking 15.00 levels will make the price attempt to return to the main bearish trend, which main targets reach to 13.63 on the short-term basis.

    The expected trading range for today is between 14.70 support and 15.70 resistance.


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