Wednesday, October 31, 2012
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Daily Silver Technical Update(3/10/12)
Daily Technical Analysis for Silver:
Prices a moving back and forth in a range,looking at the charts it looks like silver can test 35.20-35.40 until 34.45 holds and then reverse back lower.While a strong close under 34.45 would negate this outcome.
Happy Trading.
Happy Trading.
Tuesday, October 2, 2012
Daily Silver Technical Update()
Daily Technical Analysis for Silver:
Prices spiked higher making new highs at 35.39 and reversed back sharply lower testing 34.50.We retain our pullback scenario until we get a solid closing above 35.39.Support for the pullback remains at 33.26-32.76 a strong close below 34.50-34.25 would accelerate the sell-off.
Happy Trading.
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