February 17, 2013

SLV Weekend update

  • SLV Daily chart shows price below the crucial 50 and 200 Day SMA and testing crucial swing lows.
  • Weekly chart with fib level shows price testing Golden ratio. Last fall to the G Ratio was followed by an up move. This time price is likely to break the support level.
  • Rising support line shown in weekly chart may stop a bigger correction from happening. 
  • GLD WEEKEND UPDATE
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1 comment:

  1. Jay JayFebruary 17, 2013 at 11:30 AM

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    www.tradingwiththeaveragejay.blogspot.com

    Thanks I look forward to hearing from you
    Jay

    ReplyDelete

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