ChartProphet

Silver At Critical Resistance After Running Hard

TVC:SILVER   CFD Argento (US$/OZ)
Silver is one of the lease predictable assets but considering that we had a pretty solid run up with few pull backs I am willing to bet that silver could pull back here. However, I am not shorting silver here just making a note of circumstance. Should we consolidate above $24.17 I would get very bullish. If we reject here around $24 we can see $23 pretty easily. RSI is high on all time frames but not completely topped either. NFA, DYOR

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