| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Fundamentals
Fundamental analysis for precious metals silver - 5/5/2008
The silver fluctuated on Friday in wide ranges touching the key support level at 16.02 rallying up afterwards to the upside reaching the strong resistance level at 16.49, with it expect the silver to continue rising to the upside after it formed a reversal pattern from last weeks trading.
The trading range is among the key support level at 15.50 and the key resistance level at 16.80.
The general trend is to the upside as far as 13.20 remains intact; with targets are set at 22.00 and 25.00.
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