Silver do or Doom

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SIlver is right on the brink.

It must bounce off the $16 long term trendline or the bulls look to be defeated and will have to start again.

I am marginally in favor of finding support and remaining in the chanel.

Beyond this $14 and $11 will be key levels, the latter of which would be roughly the inflation adjusted bottom found in 2008/9.

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