Silver retests again 03/12/2012
Economies.com
2012-12-03 05:46AM UTC
The price collapsed within the last Friday trading close to retest 33.20, which still stable against the continuous negative pressure.
Stability above this level keeps our general expectations of the bullish trend valid, and we get support from EMA50 and waiting targets reach to 36.00
Stochastic needs some fluctuating to gain positive momentum supports our expectations for moving higher.
Expected trading range for today is between: 33.20 support and 35.00 resistance.
Expected trend for today: Bullish
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