Midday update for Silver 29/01/2013

Economies.com
2013-01-29 11:11AM UTC

Silver price attempts to build a support base above 31.00 to lean on it and attempts to get an extra support for the waited positive expectations for today, while we are waiting for a positive overlapping by Stochastic to reinforce these expectations.

 

We remind you that holding above 30.70 represents the major condition to continue these expectations on the intraday basis.

 

Expected trading range for today is between: 30.70 support and 32.00 resistance.

 

Expected trend for today: Bullish

 

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