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SILVER Trading Forecast for June 13, 2016

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FX:XAGUSD   None
Like Gold, Silver was able to reach its target at 16.90 - 17.20 and managed to break out of our bullish channel.
This metal could still move up, maybe retracing up to its 78.6% level at 17.55 before moving down once again.
A break beyond previous high of 17.99 will suggest that bulls are still in control.


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