| 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 - 5/8/2008
Silver is consolidating in preparation for a huge movement in the upcoming days, gathering momentum and forming some shapes to help it get back to the upside again. It just has to breach the 16.90 level to confirm the uptrend.
The trading range is among the key support level at 16.40 and the key resistance level at 17.35.
The general trend is to the upside as far as 13.20 remains intact, with targets at 22.00 and 25.00.
| Support | 16.52 | 16.35 | 16.11 | 16.01 | 15.85 |
| Resistance | 16.77 | 16.98 | 17.05 | 17.18 | 17.33 |
Recommendation | ... | ||||
Fundamental analysis for precious metals silver - 5/16/2008 May 16, 2008 3:21AM- Fundamental analysis for precious metals silver - 5/15/2008 May 15, 2008 2:21AM
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