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Fundamentals

Fundamental analysis for precious metals silver - 4/18/2008

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20 April 2008 @ 02:51 am EST
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Silver is as well affected by an upside wave supported by the Moving Averages and Momentum Indicators that are providing positive signals to the upside as silver targets 19.20, while if was acquired targets might then extend until 20.50.

The trading range for today is expected among the key resistance level at 19.32 and the key support at 17.45.

The general trend is to the upside as far as 13.20 remains intact targets are now at 22.00 and 25.00.

Support18.10 17.98 17.67 17.54 17.45
Resistance18.67 18.77 18.96 19.08 19.32

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