EPIC SILVER TREND FOR TODAY 27-MAY-2013

**Admin** Mon May 27, 2013 4:48 pm

Silver trading range for the day is 42781-44011.
Silver dropped after data revealed orders for long-lasting manufactured goods in U.S. came in much stronger anticipated
Speculation the Fed would scale back its monetary easing program weighed on precious metals last week
The dollar gave back its earlier gains, though bullion prices continued to hover in negative territory.
Silver is trading below 50DMA, which is at 46885, with intraday support seen at 42781 and resistance at 44011.

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