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Silver chart analysis

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During the Asian trading session, the price of silver is in a strong bearish trend at $19.25. The current price is $18.62, representing a 3.00% decrease since the start of trading last night. A strong dollar affects all goods denominated in the US dollar. We are now looking for potential first support at the $18.50 level. And now, we will add two more potential lower levels as the following targets are $18.25 and $18.00. For a bullish option, we must first consolidate above $18.75. Then with a further bullish continuation, we could try to test the $19.00 level. And the break of the silver price above would be resisted by the space for targets at $19.25 and $19.50 levels.

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