October 2, 2013

SILVER Chart analysis

  • Silver one hour chart shows price having broken below the range is getting resisted at the bottom of the range. For silver bulls price must get back into the range for a possible up move to happen.
  • daily chart shows price moving around 100 Day SMA. Price should move away from 100 SMA on closing basis for a bigger move to happen. Weakness on closing the day below 20.54 and Strength above 22.06 levels.
  • GOLD Breakdown and Support levels

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