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Silver closed lower on Tuesday while extending the trading range of the past five weeks. The mid-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. Closes above the reaction high crossing are needed to confirm that a low has been posted. If it renews the decline off June's high, June's low crossing is the next downside target.