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Silver prices have opened today on a negative note, breaking the $30.63 level and settling below it. This movement indicates a potential further decline in the near term, with targets set at $30.06 in upcoming sessions.
Market expectations suggest that the bearish trend will persist today. However, if prices breach the $30.65 and $31.00 levels, this could halt the anticipated decline and allow for a resumption of the overall bullish trend.
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The anticipated trading range for today is between $30.10 support and $30.80 resistance.
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Trend Forecast: Bearish
