RSI and MACD is also giving a conformation of this breakout.
Silver could very well test its previous highs of 20.4$.
In MCX levels the targets are 31500/31900.
A break below 17.3$ in Silver COMEX would negate this Bullish view on Silver.
Tuesday, August 31, 2010
SILVER !!!!! POISED FOR AN NEW HIGH ?
Silver (COMEX) has given a bullish breakout from a triangular consolidation.
RSI and MACD is also giving a conformation of this breakout.
Silver could very well test its previous highs of 20.4$.
In MCX levels the targets are 31500/31900.
A break below 17.3$ in Silver COMEX would negate this Bullish view on Silver.
RSI and MACD is also giving a conformation of this breakout.
Silver could very well test its previous highs of 20.4$.
In MCX levels the targets are 31500/31900.
A break below 17.3$ in Silver COMEX would negate this Bullish view on Silver.
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