August 15, 2011

SILVER Trend update

  • Silver hour will favor bulls if it can stay above 200 Hour moving average.
  • If price does not stay above this level we may see a correction
  • Second chart looks bullish But price has immediate resistance at 39.83. We might see good up moves if 39.83 level is taken out.
  • If the triangle breakout fails things will favor bears for a correction.
  • SILVER WEEKEND UPDATE

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