First Resistance Zone is $34 - 36, then $43, $48.50
Tuesday, September 4, 2012
Silver Breaking Out
Silver is breaking out of key resistance zone on a weekly chart which is coming in around $30 per ounce. A sustained break above $30 could trigger strong short-covering rally.
First Resistance Zone is $34 - 36, then $43, $48.50
First Resistance Zone is $34 - 36, then $43, $48.50
Below is a weekly chart of Silver Exchange-traded Fund, Symbol SLV.