Daily Silver Technical Update and Forecast(10th March 2014)

Silver Daily Technical Analysis and Outlook:

Prices reached  a high of 22.17 and later started falling. With the break of 21.35 prices reached a low of 20.60 as mentioned in our previous update.

From this area(20.52-20.25) it is likely that the prices will reverse to the upside again. A break below 20.00 is not favourable for the bulls.
Happy Trading..

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