Silver Weekly Technical Outlook

The break of 16.765 support argues that rebound from 1.5260 might be finished at 17.775 already. Deeper fall would be seen back to 15.55 support. Break will target 15.26 and below. But in that case, we'd expect strong support from 14.155 to bring rebound. Meanwhile, above 17.335 will likely extend the rebound through 17.775.

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