Silver builds base 19/11/2012
Economies.com
2012-11-19 06:06AM UTC
The price was able to lean on the EMA50 to rally higher today heading towards 33.00 barrier.
Stochastic gets rid of its’ negativity gradually, that supports the chances of continuing our expected bullish trend scenario on the short term basis, where the main targets begin at 34.00 followed by 35.50
Stability above 31.50 remains the most important factor to keep the chances of achieving these anticipations.
Expected trading range for this week is between: 31.50 support and 35.50 resistance.
Expected trend for today: Bullish
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