January 18, 2012

SILVER in a Range

  • First chart is one hour time frame of silver which shows a trading range between 29.57 and 30.67. 
  • Next chart is four hour time frame of silver with 50 period SMA. Bulls of silver will be safe above this moving average and a breakout from the trading range will favor bulls for another up move.
  • For bears of silver price should break below the trading range and 50 Period SMA.
  • INTEL RISING WEDGE



By at

1 comment:

  1. SUBHASIS MONDALJanuary 20, 2012 at 9:16 AM

    SILVER BREAK 30.67$N SUSTAINED....BUT BULLLS NOT SUSTAINED...BEAR AGAIN DOMINATING.....PLSSS UPDATED CHART

    ReplyDelete

Subscribe to: Post Comments (Atom)