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Silver Prices Fall Back to Key Trend Support - Next Levels for XAG/USD

From dailyfx.com

Silver prices just endured their second-worst month of the year, losing -6.05%, with only September’s -7.37% coming in worse. Overall, November 2019 was the third-worst month for silver prices since the start of 2017. Needless to say, silver prices struggled last month, and they are entering December on weak footing. The main themes helping drive silver prices lower need to reverse course completely if they are to prove bullish catalysts once more. The US-China trade war Phase 1 deal continues to be kicked down the road, but as long as it remains within reach, there’s little reason for the Federal Reserve’s interest ... (full story)

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  • Category: Technical Analysis