February 10, 2012

SILVER Range Update

  • Silver four hour chart shows a range between 32.94 and 34.51. 
  • 200 SMA stands above the range which will act as stiff overhead resistance for silver.
  • Unable to break and close above 200 SMA will lead to a breakdown below 32.94 which may give 31 levels for bears of silver.
  • RANGE OF GOLD


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