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Silver futures look set to move higher

Following a long period of sideways consolidation throughout the summer months, silver futures finally broke out of their trading range in mid August and now look set to develop a strong bullish trend over the next few weeks. The breakout initially occurred on the 20th August...

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Silver Trading – Silver Chart 19th August 2009

Further falls in the Shanghai Composite spooked the silver market in early trading with the initial losses then partially recovering as crude oil prices soared following much better than expected inventory data at Cushing.  Whilst silver prices closed the session marginally lower the daily candle...

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