Silver declines calmly 28/11/2012

Economies.com
2012-11-28 05:37AM UTC

The quiet bearish bias remains controlling the price moves to trade now below 34.00, to keep the negative effect of Stochastic pushing on the intraday trading.

 

In general, the main bullish trend remains valid and active, and the current breach might lead the price to retest the major support level at 33.20 before attempting to move higher again.

 

Expected trading range for today is between: 33.20 support and 35.50 resistance.

 

Expected trend for this week: Bullish

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