February 23, 2012

SILVER Trying to break higher

  • Price violated the range on upside and 200 SMA.
  • Daily close above 200 SMA will give further momentum for silver and may target 37 levels.
  • Unable to close above 200 SMA or above the range resistance line will lead to a fall in silver towards the bottom of the range.
  • SPY SUPPORT AND RESISTANCE LINES

No comments:

Post a Comment