Daily Silver Technical Update(7/9/12)

Daily Technical Analysis for Silver:

Silver reversed lower right from the mentioned resistance zone at 32.65-33.15.It must trend lower now until 32.98 is breached.Support at 31.50-31.25.Resistance at 32.50-32.70-32.90.Watch out for a burst in volatility during the payroll data release.

Happy Trading.