Silver attempts to breach 18/01/2013

Economies.com
2013-01-18 05:22AM UTC

Silver makes attempts to breach the critical resistance level at 31.80, and as we mentioned previously, breaching this level will offer an extra confirmation signals for the price return to the main bullish trend.

 

In general, the bullish trend will remain preferred on the intraday and short term trend unless 30.70 was breached and holding below it, pointing that the waited targets starting at 33.15.

 

Expected trading range for today is between: 31.00 support and 33.15 resistance.

 

Expected trend for today: Bullish

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