Silver Price Forecast: Technical Set-up Favors Bearish Traders

Silver Price Forecast: Technical Set-up Favors Bearish Traders

Silver Price Forecast: The technical set-up seems tilted firmly in favour of bearish traders and supports prospects for an extension of the ongoing depreciating move for the silver (White Metal). Hence, a subsequent slide below the $21.00 mark, towards challenging the YTD low around the $20.45 area touched on May 13, now looks like a distinct possibility.

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