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    XAG/USD: technical analysis on 13.02.2015

    Silver has traded in quite a narrow range of 16.55-17.10 today with a predominance of downtrend. Bulls have tried to consolidate above 17.00 but all their attempts have been unsuccessful.  The resistance at 17.00 coinciding with 50% Fibonacci level proved to be solid and did not allow the pair above. 

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