May 15, 2012

SILVER Trend update

  • Silver four hour chart with 20 period SMA Shows the strength of this trend. Price unable to trade above this level.
  • Price is also moving down in a channel unless price trades above the resistance line of the channel. Trend will continue to be strong on the down side.
  • Price is also testing a crucial support line in weekly chart. If the line does not hold then the correction will extend. Bulls of silver should hope for a false violation of the support line followed by an up move.


  1. hi....can i share my charts with u here ????

  2. sir...thanx for the opportunity....but how can i upload my charts ?? plz. guide ....regards!