Silver retests again 06/03/2013
Economies.com
2013-03-06 05:58AM UTC
Silver price approached from retesting 29.20 and bounced lower to remain stable below it, which keeps the bearish trend scenario valid until now, waiting for descending targets start at 27.00
We remind you that breaching above 29.70 will turn the price to be trading above the main bullish trend line again and cancels the expectations for moving lower on the short term basis.
Expected trading range for today is between: 27.00 support and 29.60 resistance.
Expected trend for today: Bearish
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