My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 13, 2012
SILVER Chart analysis
Silver daily chart shows price falling towards the support line of a contracting pattern.
Price has broken below 50 and 100 Day SMA. If price holds above the up trend line this will be another false break below 100 Day SMA. A bigger fall possible on price breaking below the up trend line.
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