Silver closed higher on Monday as it extends last week's trading range. The high-range close set the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are turning bullish hinting that a low might be in or is near. If it renews the rally off June's low, the 62% retracement level of the April-May-decline crossing is the next upside target. If it renews the decline off this month's high, the reaction low crossing is the next downside target.
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