Midday update for Silver 31/01/2013

Economies.com
2013-01-31 11:27AM UTC

Silver price hovers around 32.00, and as the price is stable above the critical support levels between 31.80 and 31.55, our positive expectations remain valid and preferred for today, and the price get a good support from Stochastic.

 

We remind you that breaching above 32.45 is important for opening the way towards achieving the waited targets that was mentioned this morning.

 

Expected trading range for today is between: 31.55 support and 33.15 resistance.

 

Expected trend for today: Bullish

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