Silver, support on the weekly parallel

    Posted by puma on 17th of May 2011 at 11:02 am

    I was going through one of my chart lists and just spotted this. Looks like silver is finding some support on the broken parallel on the weekly.

     

    support for SLV

    Posted by dallassteve on 17th of May 2011 at 11:13 am

    thanks for the chart, puma

    It looks like important support.  Also watching daily support line around 32.  The little bounce this morning did not amount to anything.  Maybe it is still to come...

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