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Silver Breaking Out Of A Triangle, Targeting 32

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June 13 2011

Huge decline on Silver in early May from 49.80 definitely suggests that this bear market is not anywhere near the end. In fact, we see price breaking lower, out of the triangle formation that market was trapped in since May 6th lows.

In the next video analysis, we will highlight some key technicals that are pointing lower for the next few weeks, targeting levels below 32.
 
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