Silver in tight range 25/02/2013

Economies.com
2013-02-25 05:49AM UTC

Silver price trades in sideways and tight range since days, settling below the previously broken critical support levels between 29.20 and 29.55, as long as the price remains below these levels, the general bearish trend will remain the dominant, and it might be preceded by retesting these levels.

 

The waited main targets for the downside track begin at 27.00 followed by 26.10.

 

Expected trading range for today is between: 27.00 support and 29.55 resistance.

 

Expected trend for today: Bearish

 

 

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