Silver penetrates the critical barrier 12/11/2012

Economies.com
2012-11-12 06:23AM UTC

The price succeeded in breaching 32.45 and stabilized with a daily and weekly close above, to support our scenario for continuing the bullish trend which targets initially 33.35 level then a breaching attempt to open the way towards 34.00 followed by 35.35.

 

We remind you that stability above 31.50 is considered as the most important factor to protect our positive expectation.

 

Expected trading range for this week is between: 31.50 support and 35.35 resistance.

 

Expected trend for this week: Bullish

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