Had a nice fall last week on the Daily charts where the 20day
EMA which was support is now firmly resistance. Infact I think it
broke down through the 50day aswell. 200day is around $22 with
Silver trading around $27.50. Still plenty of air between the 2
On the 60min, Silver looks like its bear flagging ready for
another push down
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Silver
Posted by vimal on 23rd of Jan 2011 at 04:02 am
Had a nice fall last week on the Daily charts where the 20day EMA which was support is now firmly resistance. Infact I think it broke down through the 50day aswell. 200day is around $22 with Silver trading around $27.50. Still plenty of air between the 2
On the 60min, Silver looks like its bear flagging ready for another push down