January 28, 2013

SILVER Trend update

  • Hour chart shows price trending down below the Ichimoku cloud.
  • Bearish cross of 20 and 50 Hour SMA continue to work in hourly chart.
  • 4 Hour chart shows possible support at 50% Fib level. If holds an up move is possible. Breaking below 50% Fib level may lead to Golden ratio near 29.80 levels.

No comments:

Post a Comment