December 30, 2010

SILVER Resistance level

CHART-II
  • Silver triangle breakout has given a good long trade. Price failed to sustain above 30.750 level which was discussed in the below chart.
  • Price may do a retrace of the breakout before going up again.
CHART-I
  • Silver four hour chart shows a triangle pattern breakout.
  • Price may find resistance near 30.750 area.

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