Mon, Apr 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch, Research more

Silver seen rallying to $25 after plunge: Technical Analysis

Posted on 30 May 2013

Silver may climb toward $25 an ounce after prices rebounded from the lowest level since September 2010, according to technical analysis by Commerzbank AG.
Prices slumped last week to test the support area of $19.49 to $20 before rebounding in a bullish reversal, technical analyst Axel Rudolph wrote in a report dated yesterday. That support zone consists of the psychological $20 level, the May 2010 high and the December 2009 peak, he said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930