April 25, 2013

SILVER Chart analysis

  • One hour chart of silver shows a range breakout.
  • 4 Hour chart shows price at 38.2% Fib level. Price must cross and sustain above this level for a bigger up move to happen.
  • Weekly chart shows the broken support level at 26.00 - 26.15 which may act as stiff resistance if the up move continues.

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