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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 12/Dec 09:43

Silver bulls retain control above $32, above one-month high

Silver trades with a positive bias above the $32.00 mark during the Asian session on Thursday and remains close to over a one-month high touched earlier this week. Moreover, the technical setup suggests that the path of least resistance for XAGUSD remains to the upside. This week’s sustained move beyond the 200-period Simple Moving Average (SMA) on the 4-hour chart was seen as a key trigger for bullish traders. Moreover, the recent move-up witnessed over the past two weeks or so has been along an upward-sloping channel the white metal. Apart from this, positive technical indicators on daily/hourly charts validate

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