Silver finds good resistance 24/01/2013
Economies.com
2013-01-24 05:52AM UTC
Silver price found a solid resistance near 32.50 forcing it to bounce lower approaching from the recent breached 31.80, as long as the trading remained above this level, the intraday bullish trend will stay valid, supported by EMA50.
Stochastic negativity interprets the causes of the current declining, and the target now is gathering enough positive momentum to support resuming the preferred bullish bias generally for today.
Expected trading range for today is between: 31.80 support and 33.15 resistance.
Expected trend for today: Bullish
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