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Silver also moved downwards aggressively, supporting the bearish scenario for the harmonic formation over four-hour basis. The negative crossover on Stochastic supports our negative outlook for the rest of the day.

The trading range for today is among the key support at 13.85 and key resistance now at 15.70.

The general trend is to the upside as far as 10.95 remains intact with targets at 16.85.

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