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Silver prices have remained relatively stable, hovering around the $30.50 level without exhibiting significant movement. The anticipated bearish trend for today remains unchanged, contingent upon the price’s stability below the $31.00 mark. To confirm the downward trajectory, a break below $30.06 is essential, with the next key target set at $29.30.
Today’s expected trading range is between a support level of $30.06 and a resistance level of $30.90.
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Trend Forecast: Bearish
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