Daily Silver Technical Update and Forecast(27 December 2013)

Silver Daily Technical Analysis and Outlook:

As mentioned in our previous update, prices after testing the support level at 19.05-18.87 reversed and reached a high of 20.04 yesterday. Looking at the current scenario we think prices now will move in a range
between 20.49-19.12.And  for prices to continue moving higher we need a strong close above 20.31-20.49 range.Support lies at 19.33-19.49. 

Happy Trading..

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