March 27, 2012

SILVER Chart Analysis

DAILY CHART
WEEKLY CHART
  • Silver daily chart is sustaining above the resistance line. Bulls of silver need a daily close above the resistance line and 20 Day SMA.
  • 20 Day SMA is the immediate resistance line.
  • Price has been finding support near or at 20 Week SMA on CLOSING Basis. Current week has started well so far. Price sustaining above 20 Week SMA and above 20 Day SMA will favor bulls of Silver.
  • COPPER IN A RANGE

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