CapitalHubs

Silver Close To Confirm Bullish Trend

AMEX:SLV   ISHARES SILVER TRUST
284 2 0
Silver             rallied more than % from its 2011 year end bottom at 25.80. Current price is testing extremely important resistance. The level at $34 combines 200-day moving average and resistance line connecting previous two peaks. If we see the silver             trading over that level than we have clear signal for breaking the negative trend with next target north to 40$. Unsuccessful break through could lower price to the support at 50-day moving average at $30.50.
StockFxMarket
5 years ago
hmm i have the same Idea
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CapitalHubs
4 years ago
Update of the chart:
Silver Testing Breakthrough
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