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Sunday, September 23, 2012

Daily Silver Technical Update(24/9/12)

Daily Technical Analysis for Silver:



Silver did not close above 35.05.However, silver tested 35.20 and reversed back sharply lower making 35.20 as a strong resistance.A pullback should occur in a week or two testing the 33.80 zone initially and then 33.26-32.76 finally.A strong close above 35.20 would weaken the pullback scenario.Resistance at 34.80-34.95
Happy Trading.

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