TradingView
CapitalHubs
Mar 1, 2012 3:45 PM

Silver Testing Breakthrough 

iShares Silver TrustArca

Description

After successful break above key resistance levels – resistance trend line and 200 day moving average silver now is testing the strength of that breakthrough. The mentioned levels have become key support levels and as appears difficult to overcome. Price drop is less likely. The target for the upside scenario is around $40.
More