Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 18, 2012
SILVER Ascending triangle
Silver daily chart shows an ascending triangle pattern.
Resistance is at 100 Day SMA and 20 Week SMA.
Bulls would need a breakout above both these levels for the bullish pattern to work well.
Unable to cross the above levels will keep the range bound moves going in Silver.
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