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Silver has traded in a range from $14.86 to $16.20 per ounce so far in 2019. After trading to the lowest price since early 2016 at $13.86 in mid-November 2018, the price of silver recovered. Silver has been underperforming gold, and last year then price action is silver lagged the trading pattern in the yellow metal. Gold traded to its low for last year in mid-August when the price fell to $1161.40 per ounce which was $115.20 or 9.9% above the critical technical support level for gold which was at the December 2015 bottom at