Daily Silver Technical Update and Forecast(10 December 2013)

Silver Daily Technical Analysis and Outlook:

Price reverted back up on coming close to the 18.75-18.48 zone. Until we have a strong close above 20.087 prices can come back down to test the same levels. However,overall for the next few weeks we are looking for a move up to the 21.46-22.17 zone. A strong close above 20.087 will increase the odds of this outcome. The low at 18.20 is important and should hold for the bullish outcome
Happy Trading..

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