Thursday, 30 August 2012

When would Silver, Natural Gas prices turn bullish


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When would Silver, Natural Gas prices turn bullish

Since the beginning of the week, silver is staying in a tight range of 57200-58000 ahead of uncertain macro economical outlook and near expiry.
Silver markets are now slightly overbought and may get support at 57100 and below that level it could test 56800. Resistance is now likely to be seen at 57900 and a move above this level may drive prices to 58300.

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