Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 1, 2013
SILVER Chart update
Silver unable to trade above 50 Day SMA.
Monthly chart shows price yet to hit the 78.6% Fib level. Price may test this level before a bigger up move could start.
For bulls of silver need a close above 50 Day SMA for an up move to happen.
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