Midday update for Silver 16/01/2013
Economies.com
2013-01-16 11:06AM UTC
Silver found a good resistance at EMA50, where the price forces to bounce lower and might be obliged to retest 30.70.
Until now, our bullish trend expectations will remain valid and preferred pointing that breaching above 31.80 will let the waited bullish trend get acceleration.
Expected trading range for today is between: 30.70 support and 32.50 resistance.
Expected trend for today: Bullish
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