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The GBPJPY currency pair experienced a strong bullish rally on Tuesday, breaking through the bearish channel's resistance at 190.55. This breakout led to significant...
HomeGoldSilver Price Faces Decline: Bearish Trend for February 11, 2025

Silver Price Faces Decline: Bearish Trend for February 11, 2025

Silver prices have started today with a noticeable decline, testing the key support level at $31.63. This negative movement is influenced by stochastic indicators, which are adding downward pressure on the support level.

However, the EMA50 is attempting to provide positive support, working to safeguard the $31.63 mark. Traders are closely monitoring this level for potential reversals or further declines.

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