Silver builds an upside channel 30/04/2013
Economies.com
2013-04-30 05:41AM UTC
Silver price moves in minor bullish channel that appears in the image, supported by the stability above the EMA50, beside Stochastic current positivity, which support the continuation of the intraday bullish trend expectations, where we are waiting for main targets reach towards 26.10
Breaking below 24.20 then 23.95 will turn the intraday trading towards the downside, and the targets begin at 22.60
Expected trading range for today is between: 23.35 support and 26.10 resistance.
Expected trend for today: Bullish
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