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Silver's $18.65 test - again?
Watching $SI this morning, it dipped to $18.65 before bouncing, and it's making me wonder if we're in for another go at that level. It's been a pretty significant floor recently, and if that gives way, my bullish lean for a short-term rebound gets seriously invalidated, probably looking at a move down to the low $18s. Then again, if it holds, we could be looking at a decent coiled spring situation.
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