Midday update for Silver 08/05/2013
Economies.com
2013-05-08 10:45AM UTC
Silver price fluctuates at the upside channel’s support, while stochastic reaches the oversold levels, to support the chances of bouncing from the current levels to the upside to resume the waited bullish trend for today, reminding you that breaking the channel’s support will turn the trading into the downside.
Expected trading range for today is between: 23.00 support and 25.50 resistance.
Expected trend for today: Bullish
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