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Sep 14, 2013 2:10 PM

Silver on watch Long

Silver/U.S. DollarFXCM

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Maybe silver can start to north from that level to continue the uptrend. The last impulse is already corrected to 61.8 Fibo Level. I am not sure, but I am in with a small position.
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motleifaul
You may be right. We are close to a resistance line. On the other hand the downtrend is still prevailing and the the "knife still falling". I am sitting an waiting for a breakthrough to the downside. But this may not exclude an upward correction to around 23.70.
Good luck!
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