June 13, 2012

SILVER Chart analysis

  • Silver nearing 50 day SMA and Daily Ichimoku cloud. Last attempt to stay above these levels failed. 
  • Silver bulls need a daily close above 50 Day SMA for a possible turnaround. 
  • Unable to trade above 29.05 will be negative for silver bulls. 
  • S&P 500 ANALYSIS AFTER CLOSE

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