There is too much risk premium built into Silver AND the Dollar
is strengthening which will add downside pressure AND most
importantly, the technicals on a daily chart are starting to show
neg div and Weekly RSI is sky high. I am short and think its ripe
for a decent correction
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There is too much risk
$Silver... Bearish Pattern...
Posted by vimal on 10th of Mar 2011 at 09:24 am
There is too much risk premium built into Silver AND the Dollar is strengthening which will add downside pressure AND most importantly, the technicals on a daily chart are starting to show neg div and Weekly RSI is sky high. I am short and think its ripe for a decent correction