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Silver markets continue to chop around during trading hours, as Tuesday was very rough indeed. The $17 level continues to be a bit of a magnet for price, and currently it looks as if we are going nowhere. I suspect that a lot of this will have to do with the Forex markets, as most currency traders are awaiting the speeches from Jackson Hole this week. With this in mind, this market will more than likely react to the US dollar. It should rise if the US dollar falls, and vice versa if it rallies.

SILVER Video 23.8.17

This article was originally posted on FX Empire

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