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Today's Scenario:
The short term trend is down.Silver seems to have completed the bounce at 27.59 as mentioned in the previous updates.Any remaining bounce attempts should fail within the 27.75-28.07 range,there exists a fair possibility a final bounce attempt.Support could be seen initially at 26.80-26.50-26.00 and finally at 25.60-24.83.Any rise above 28.45 would rescind this forecast.
Have a great trading day ahead.
The short term trend is down.Silver seems to have completed the bounce at 27.59 as mentioned in the previous updates.Any remaining bounce attempts should fail within the 27.75-28.07 range,there exists a fair possibility a final bounce attempt.Support could be seen initially at 26.80-26.50-26.00 and finally at 25.60-24.83.Any rise above 28.45 would rescind this forecast.
Have a great trading day ahead.
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