Daily Update(4/7/12)

Today's Scenario:

Sorry guys for the late update there is less or no change from yesterday's update with independence day today one could expect low volumes and range bound price action.But the bottom line is silver could bounce and end at the 29-29.50 range or at the maximum 30,after this silver must resume the downtrend targeting the support shelf at 26.03-26.24.A close below 27.23 would negate any further bounce attempts.Support at 28.06-27.81-27.42.
Have a great trading day ahead.