February 14, 2014

SILVER Range breakout and target levels

  • First chart shows daily time frame with range breakout and target zone which is above 22.
  • Second chart is the weekly time frame with price breaking above Middle bollinger band. Closing at the current levels may extend this move towards the upper bollinger band.
  • Immediate levels to watch is the 38.2% Fib level shown in daily time frame. Price must sustain above this level for a bigger up move to happen.

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