Sliver consolidating? - 2 May 2011

After reaching my target of 45.00, silver continue to rise higher to almost 50 but failed to climb higher.

This week, we may see more consolidation, ranging 44.60 - 49.80.

On Monday, good to pick short when market retrace to 48.50 - 49.00 with stoploss about 0.50. Target bottom to reach 44.60.

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