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Silver closed lower due to profit taking on Thursday as it consolidates some of this week's rally. The low-range close sets the stage for a steady to lower opening on Friday. If it extends this week's rally, the reaction high crossing is the next upside target. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible near-term. Closes above resistance or below support crossing are needed to confirm a breakout of this summer's trading range.