Weekly Silver Technical Update(24/9/12-28/9/12)

Weekly Technical Analysis for Silver:

Pullback potential does exist and initial support for the pullback remains at 33.80 and then the 33.26-32.76 zone.Looking at the pattern of the fall we will conclude that if this pullback will have the potential to turn the short term as well as medium term trend to neutral. Any close above 35.20 would rescind this forecast.

Resistance remains at 34.80-34.95-35.20.
Happy Trading.