Subject:Silver Market Update
By: Clive Maund
Overview: The silver chart looks “uglier” than the gold chart right now, and with the price rounding over beneath a “Distribution Dome”, a series of lower highs and a trendline break, the downside risk is as obvious as the Marquis de Sade’s nose. However, as with gold it is holding up thus far at a point very close to its long-term moving averages, and there are signs of accumulation in various larger stocks. So it could nevertheless break out upside.
Link: http://news.silverseek.com/CliveMaund/1182864229.php
26th June 2007, 09:23
Silver Market Update
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