Midday update for Silver 10/05/2013
Economies.com
2013-05-10 11:13AM UTC
The tight range dominates silver price since morning, while Stochastic enters the oversold levels, to support the sideways range’s support which controls the current trading.
In general, we are continuing in the morning suggested scenario for the rest of today’s trading, being aware that there is a contradiction between Stochastic positivity and the EMA50 negativity.
Expected trading range for today is between: 22.85 support and 25.50 resistance.
Expected trend for today: Sideways
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