Silver achieves the waited breach 22/11/2012

Economies.com
2012-11-22 06:08AM UTC

The price succeeded to breach above the 33.20 level settling above it with daily close, to add more confirmation to our bullish intraday trend scenario which targets now 34.00 followed by 35.00

 

Stochastic negativity might cause some fluctuation around the breached level before resuming the bullish bias which is supported also by EMA50

 

Expected trading range for today is between: 32.00 support and 35.00 resistance.

 

Expected trend for today: Bullish

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