EPIC SILVER TREND FOR TODAY-3-MAY-2013

**Admin** Fri May 03, 2013 4:41 pm

Silver trading range for the day is 43136-45996.
Silver gained after the European Central Bank cut interest rates to a record low in May.
Draghi said that the central bank’s monetary policy has been "extraordinarily accommodative."
Investors turned their attention towards U.S. non-farm payrolls report, which will signal the longer-term prospects for the Fed's monetary stimulus.
Silver is trading below 50DMA, which is at 51304, with intraday support seen at 43136 and resistance at 45996.

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