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Wednesday, December 11, 2013

Daily Silver Technical Update and Forecast(11 December 2013)

Silver Daily Technical Analysis and Outlook:

The level at 20.087 was breached and prices made a high at 20.42. It now looks like the upward movement has now begun and the initial target zone is 21.46-22.17. After  the initial support at 19.94 is broken the support zone lies at 19.79-19.64. A close below 19.16 will decrease the odds of this bullish outcome.
Happy Trading.


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