OCT 31 FRIDAY
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 RS 16580 , S2 RS 16360
R1 RS 16850 , R2 RS 17080
STAY SHORT AT RESISTENCE.
Silver futures for December delivery fell 2 cents, or 0.2
percent, to $9.785 an ounce in New York. The metal is
down 34 percent this year while gold has declined
12 percent.
Primary support is at $ 9.56 and secondary support
is at $ 8.89 to $ 7.88.
Resistence is at $ 10.57 , $ 10.91 and $ 11.92.
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