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Silver Price Forecast: XAG/USD bulls seem hesitant above $53.00; 23.6% Fibo. holds the key

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Silver (XAG/USD) pulls back from a one-and-a-half-week high, around the $53.70-$53.75 region, touched during the Asian session on Tuesday amid the emergence of some US Dollar (USD) buying. The white metal, however, holds above the $53.00 mark, warranting some caution before placing aggressive bearish bets and positioni

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Source: FreeNewsAPIRead at FXStreet

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