Monday, November 5, 2012

XAG/USD (SILVER) Analysis 05-11-2012

SILVER

Silver futures for December delivery plunged 4.3 percent to $30.857 an ounce in New York, the biggest fall since June 21. Earlier, the price touched $30.815, the lowest since Aug. 30. Platinum futures for January delivery fell 1.8 percent to $1,544.90 an ounce on the New York Mercantile Exchange. Palladium futures for December delivery slumped 2.1 percent to $599.65 an ounce.


 
Support
Resistance
SILVER
30.36
31.90
29.81
32.84
28.27
34.43


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