Silver stops at the middle 01/02/2013

Economies.com
2013-02-01 06:18AM UTC

Silver price declined to break 31.80 and 31.55 barriers, and stops now in the middle between the critical levels 31.80 and 30.70, and that forces us to stay aside temporarily, where the price settles below EMA50, while Stochastic provides positive signals might assist in the bullish trend return again.

 

The keys of detecting the next trend represented by 30.70 support and 31.80 resistance.

 

Expected trading range for today is between: 30.70 support and 32.45 resistance.

 

Expected trend for today: Neutral

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