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Silver falls tracking weak base metals

Investing News Network
Nov. 29, 2010 02:46PM PST
Silver Investing

Commodity online reports that Silver prices ended lower tracking weakness in base metal prices.

Commodity online reports that Silver prices ended lower tracking weakness in base metal prices.

The market news is quoted as saying:

The metal officially remains in a bull trend with the three month trend line in at 39200. This week the metal failed at 42200 before reversing back into the range. Now support for the silver is seen at 40408 and below could see a test of 39962. Resistance is now likely to be seen at 41548, a move above could see prices testing 42242.

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