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Silver prices have been fluctuating within a narrow range since the morning, settling around the $31.25 mark on December 5, 2024. As long as prices remain above $30.63, the bullish outlook remains intact. A breakout above the $31.63 level is expected to pave the way for a move toward $32.20, followed by $32.86 in the near term.
The anticipated trading range for silver today is between $30.80 (support) and $31.70 (resistance).
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Trend Forecast: Bullish
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