____________________________________________________________________________________Introduction:In this article, I am going to examine a variety of commodities, both short and long term outlooks and rational for the moves that we have seen across a wide spectrum of commodities from; energies andprecious metals.____________________________________________________________________________________ Precious Metals:Silver - Silver has been very volatile in 2013 so far and very volatile recently, having started the year at $30.20/oz it rose to a high of $32.48/oz before coming down hard currently at $26.75/oz (4th April). This drop equates to around an 18% fall in the precious metal since mid-January highs.This drop can be seen in the chart below. While this shows the price action for the past few years it is clear that silver has dropped off a cliff in the past few weeks.Silver daily chart, JForexHowever what is most evident is the large support level where XAG/USD has bounced 3 times previously. While, it cannot be shown as an exact price, you can see the rectangle area of support ranging from $26.10 - $26.40 / oz. There is noted demand at this level, and depending on when you are read…
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