September 20, 2012

SILVER Trend update

 
  • SILVER 1 Hour chart shows a price range of 33.73  -   34.99
  • 4 Hour chart shows price seeking support at 50 Period SMA Which may give an upper breakout from the range in 1 Hour chart.
  • Bulls must breakout above 78.6% Retrace level for moving towards 37 levels. For now this level is acting as stiff resistance.
  • GOLD TREND UPDATE
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