Silver is stuck 08/01/2013
Economies.com
2013-01-08 05:46AM UTC
Silver remains stuck between the sensitive levels represented by 29.40 support and 30.70 resistance, and that forces us to continue in our neutrality currently, with expecting witnessing sideways trading between the mentioned levels until managing to surpass one of them.
Stochastic approaches from providing positive crossing signal might assist in pushing the price to retest the aforementioned resistance now.
Expected trading range for today is between: 29.40 support and 31.50 resistance.
Expected trend for today: Neutral
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