February 26, 2012

SILVER Weekend update

  • Silver daily chart has managed to sustain above the range and 200 SMA.
  • But problem for Bulls of silver is in the weekly chart, Bulls of silver were unable to conquer 50 Week SMA and the falling resistance line. For next week if price opens and trades below these two important levels we may see a correction in silver.
  • S&P 500 WEEKLY BULLISH CROSSOVER

7 comments:

  1. @san
    Next week monday comex expiry, wednesday mcx expiry will be highly volatile week

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  2. @Jiignesh

    Thanks for the comment.

    What's your short term view on Copper?

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  3. But copper expiry too today at comex

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  4. This comment has been removed by the author.

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  5. @Jiignesh
    Thanks

    I had many queries regarding copper i thought i should get an expert view to see if it matches with my analysis.

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  6. :)lol expert view. I am still a student san so try ur luck with DRSIR he trade copper

    ReplyDelete