Silver hits the waited targets 26/11/2012

Economies.com
2012-11-26 05:49AM UTC

The price achieved 34.00 on last Friday, and stopped temporarily the bullishness there to make some potential bearish correction.

 

In general, 33.20 is considered a good support base that reinforces our anticipations of continuing the bullish trend which targets now 35.50 followed by 36.00, noting that breaching 33.20 then 32.55 will decrease the chances of achieving these expectations.

 

Expected trading range for this week is between: 32.65 support and 36.00 resistance.

 

Expected trend for this week: Bullish

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