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SILVER Trading Forecast for June 6, 2016

Long
FX:XAGUSD   Silver / U.S. Dollar
Temporary upward correction of 16.455-16.539, as stated in the previous analysis, was hit last Friday. Looking at the 30- minute time frame, we can see a gap just like Gold's. Price is still contained inside a bullish channel, which may touch 16.50-16.90.

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