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Tuesday, October 2, 2012

Daily Silver Technical Update()

Daily Technical Analysis for Silver:


Prices spiked higher making new highs at 35.39 and reversed back sharply lower testing 34.50.We retain our pullback scenario until we get a solid closing above 35.39.Support for the pullback remains at 33.26-32.76 a strong close below 34.50-34.25 would accelerate the sell-off.
Happy Trading.

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