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XAG/USD: analysis and forecast on 15.05.2015

Since mid-October 2014 the pair XAG/USD has been trading in the range of 17.50–15.50, let alone the sharp upsurges in January 2015. As we know, precious metals are some sort of safe haven in the periods of instability and uncertainty on the financial and stock markets. Currently, silver tries to reach the levels of stability at the moving average lines of 144 (16.85) and 200 (17.25) on the daily chart. 

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