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Silver spot Intraday: key resistance at 18.4000. 01 March 2017

Silver spot Intraday: key resistance at 18.4000. 01 March 2017

Pivot: 18.4000

Our preference: short positions below 18.4000 with targets at 18.2000 & 18.1200 in extension.

Alternative scenario: above 18.4000 look for further upside with 18.4800 & 18.5500 as targets.

Comment: the RSI advocates for further decline.

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