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Weekly Silver Commentary [9 Sept 2013]

 
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WahyuPY
Senior Member


Joined: 18 Feb 2009
Posts: 475
Location: Singapore

PostPosted: Mon Sep 09, 2013 12:38 am    Post subject: Weekly Silver Commentary [9 Sept 2013] Reply with quote

Silver prices consolidated with volatility last week. The market traded mostly between 23.000 and 24.500 regions in-line with Gold. We reckon that Silver prices may move from 23.000 and 24.500 regions in early part of this week while waiting to be led by news outcome. Technically, we have identified another strong buying interest level at 22.000 if the prices decline below 23.000 supports.
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Cheers,

Wahyu PY



"Markets can remain irrational a lot longer than you and I can remain solvent." ~ John Maynard Keynes
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