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Djamel Brahimi

Silver

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We have to also associate silver prices with market risks as it is somewhat of a safe haven and also follows gold slightly. In that case I think due to the easing of market fears as of the last few days we can definitely see a fall. As for how far it falls will depend on if those fears pick up again. 

I think we will see a further easing and so a further fall in silver prices for the time being. I note that the trendline you are referring to has already broken and so I would be looking around the 17.19 level for it to fall to.

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