Midday update for Silver30/10/ 2014
Economies.com
2014-10-30 10:33AM UTC
Silver price shows a strong decline this morning to break 17.00 level as we mentioned in our last technical update, to reinforce our bearish bias expectations for the rest of today, and monitoring the price behavior is important when reaching the main waited target at 16.65, where breaking it will extend silver losses to reach 16.00 areas.
Expected trading range for today is between: 16.65 support and 17.65 resistance.
Expected trend for today: Bearish
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