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.
Update of the chart:
Reply
hmm i have the same Idea
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out