silver
1/31/11
4:40EST
Silver: (March contract)
It’s been a while since I updated the Silver
Due to the fact
There was no major change
Although we now have a minor change (immediate to short term)
Long Term:
No change
Up to 33.97
Staying above 19.50 to 21.18
The bull trend continues (33.97)
Immediate to Short term:
The last update was as such
Down to 25.27 to 25.51
At these levels a potential reversal occurs
New Update
Expect a short lived bounce at 25.27 (up to 26.30 to 26.51)
Then down to 24.18(5)
We have a potential reversal at the 24.18ish level
The price action at 24.63(5) after reaching 24.18(5)
Determines if we reverse or continue down to 23.16 to 23.56
Replies to This Discussion
-
Permalink Reply by Steven Vincent on
-
I'm more bullish on silver than I am on gold but I think all commodities have a couple of weeks of correction coming.
-
Permalink Reply by Master Che on
-
silver takes out the Hunt Bros. high..in fact much higher...
but in order to reach these levels we must continue down (correction)
Gold is a dead horse...look at the dollar amounts traded daily..silver is now the trade..
Join BullBear Traders
SUBSCRIBE Here
Pay with Cryptocurrency and SAVE!
(regularly $120.00)
Social Links
Steven Vincent's market analysis is published on:
© 2024 Created by Steven Vincent.
Powered by
