- Silver continues to trade below the resistance levels of 4 Hour time frame. Silver bulls need a daily close above 20 Day SMA for a bigger bounce to happen.
December 6, 2013
SILVER Chart update
GOLD Chart update
- gold continues to trade below the resistance zone discussed earlier.
- 4 Hour cloud and 20 SMA of daily chart too is acting as stiff resistance levels. Gold bulls need a daily close above 20 Day SMA for a possible pullback to happen.
FACEBOOK Chart update
- Daily chart shows price nearing resistance levels like Upper bollinger band and 50 Day SMA. Weekly chart shows a bullish candle at 20 Week SMA. Bullish weekly candle may lead to bigger moves. FB bulls may gain strength on closing above 50 Day SMA.
- APPLE Analysis after closing bell
APPLE Analysis after closing bell
- Weekly chart shows price nearing the Golden ratio which is around 583. Second chart is weekly line chart with crucial numbers between 572 - 585. Finally the daily chart has started to diverge negatively, Price is yet to show weakness.
- ES Trend update
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