| Global Interest Rates | |||
Australia |
7.25% | ||
Canada |
3.5% | ||
EMU |
4% | ||
Japan |
0.5% | ||
Swiss |
2.75% | ||
England |
5% | ||
US |
2.25% | ||
Silver remain bullish this week and well supported by some strong areas that give the metal the momentum, and the strength to start heading north, while the tiny head and shoulder it made gives it high targets to be achieved on the short to medium terms.
The trading range is among the key support level at 16.65 and the key resistance level at 17.20.
The general trend is to the upside as far as 13.20 remains intact, with targets at 22.00 and 25.00.