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Why I’m buying silver: O'Hare

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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading silver (XAGUSD).

This trade idea sees O'Hare buying at current levels of $16.00. His target is towards $17.00 and the stop at $15.50.

O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.