EPIC SILVER TREND FOR TODAY 6-5-2013

**Admin** Mon May 06, 2013 4:23 pm

Silver trading range for the day is 44931-45315.
Silver ended with gains as a more than 6% rally in copper and gains in other commodities on Friday as the payrolls report supported prices.
Fed said it would continue buying $85 billion in bonds each month and step up purchases if needed to stimulate the U.S. economy
The Bureau of Labor Statistics reported that U.S. economy picked up 165,000 nonfarm payrolls in April, may prompt the FED to keep stimulus programs in place.
Silver is trading below 50DMA, which is at 50642, with intraday support seen at 44931 and resistance at 45315.

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