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Silver: Looking to Take a Break
Silver has recently witnessed a substantial surge, marking an impressive upward trend over the past few weeks. However, the challenge lies in breaching the crucial $25 threshold. This resistance level seems reasonable, considering the market's robust momentum, which might have propelled it a bit too far, too quickly. Adding complexity to the situation is the impending release of GDP figures and the ADP Non-Farm Payroll announcement, both scheduled for later in the day.Around the $24.50 mark, there exists a notable support zone that could play a pivotal role. Should the price drop below this level, the potential opens ... (full story)