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EPIC SILVER TREND FOR TODAY 31-MAY-2013

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EPIC SILVER TREND FOR TODAY 31-MAY-2013 Empty EPIC SILVER TREND FOR TODAY 31-MAY-2013

Post  Admin Fri May 31, 2013 4:00 pm


Silver high as weak US economic data eased fears that the Fed could soon wind down its bullion-friendly bond buying programme.
Silver also got a lift from talk that the Federal Reserve is not planning an imminent end to its asset-buying activities.
Moves in the bullion price this year have largely tracked shifting expectations as to whether the US central bank would end its bond-buying program sooner-than-expected.
Silver is trading below 50DMA, which is at 46022, with intraday support seen at 43251 and resistance at 44699.

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