via StockCharts.com
The silver has corrected and taken support at 28.32 at 20 day simple moving average on 7 Jan 2011 and now it is has started to move up since three days. The RSI is rising and above the 50 level at 55.43. Today the silver has broken the resistance cause by the 20 day simple moving average and the closing is at 29.65 on 12 Jan 20011. The silver is in strong up trend.The recent target for the silver is 31.21 in short term.
No comments:
Post a Comment