Midday update for Silver 11/01/2013

Economies.com
2013-01-11 11:59AM UTC

Silver price shows negative bias and attempts to press on 30.70, and if a daily close accomplished below this level, we will not get the required confirmation to keep the bullish trend.

 

Therefore, we remain in our neutrality in order to monitor the daily close according to the mentioned level.

 

Expected trading range for today is between: 30.00 support and 32.00 resistance.

 

Expected trend for today: Neutral

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