Silver tends to decline 08/03/2013

Economies.com
2013-03-08 05:30AM UTC

The silver price trading bounced to the downside after approaching from retesting 29.20 level, while stochastic keeps approaching the overbought areas.

 

Therefore, our bearish overview remains valid and active, initially targeting 27.00, while achieving it requires holding below 29.20 and 29.70

 

Expected trading range for today is between: 27.00 support and 29.70 resistance.

 

Expected trend for today: Bearish

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