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1 Silver Daily Technical Report Oct 1,2013 on 1st October 2013, 6:47 pm

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Monitor the resistance at 22.13.
• Silver is moving in a short-term horizontal range between the support at 21.21 and the resistance at 22.13. Another resistance is at 22.87 (intraday high), while another support can be found at 20.63.
• The failure to break the strong resistance area between 24.87 and 26.07 (26/09/2011 low), coupled with the subsequent decline, favour the start of a medium-term phase of weakness. Key supports are at 20.63 and 18.23.
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