Wednesday's close was just below the bearish trend line at $32.23, said Scotiabank.“We look for a break of this trend line and the 2013 high of $32.48 to change the outlook to bullish,” the firm said in a market note.But Thursday would not prove to be the day for such a shift. Signs of the previous day's rally completely evaporated. And, just as silver was up by more than $1 at times on Wednesday, it was likewise down by over $1 at times on Thursday.
Silver Bulls' Struggles Continue
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