Friday, December 23, 2011

Silver - 23/12/2011 - fluctuating around the pivotal support

Silver - 23/12/2011 - fluctuating around the pivotal support

Fluctuating price of silver since yesterday about the level of 29.10 and achieved a break to calm the rising level of support sub-referred to yesterday, and described the picture, and this supports our expectations consistently downward trend in the short term.

SMA 50 supports the negative outlook, while achieving stability requires daily close below 29.90



Expected trading range for today is between: Support and resistance 27.50 30.65



General tendency is expected for the day: the downside

Forex

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