February 3, 2011

SILVER Above the resistance line

CHART-I
  • Silver has moved close to 29.50 which was the first target discussed in the blow chart for the trend line breakout.
  • If it does not face too much resistance here the second target is also possible.
CHART-I
  • Silver has given a breakout above its resistance line.
  • If the breakout holds it can target for 29.50.
  • Getting back below the broken trend line will be negative.
  • TRIANGLE BREAKOUT - GOLD

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