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Silver: A Return to 26.07/16 Remains Our Favoured Scenario

Silver, like gold, remains range bound, with a mild downwards trend still intact.

We would be willing to participate from the long side if a break over 29.9007 could be achieved. However, a fast break under the 26.1600 level remains viable, which would then target the 20.0000 region, where strong support would be anticipated.

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