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Silver Technical Precious Metals (2012-04-26) - International Business Times
TheSilverPrice.info
TheSilverPrice.info
Morning Report
Silver attempts to breach 61.8% Fibonacci correction at 30.40 as shown above, but the metal was unable to confirm the breach of this level and returned to settle now above this level, providing a candlestick formation that suggests another bullish attempt today. But at the same time, the metal is still below the previously breached support of the sideway range at 31.25 over intraday basis. Therefore, we remain neutral awaiting silver to exit this narrow range.
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