Wednesday, January 18, 2006

Silver 8 hours chart

Silver is trading near its 50% Fibonacci retracement level, again more volatile and leading gold on the downside.
I'm not sure at all about the wave count on the charts and will not be surprised to see strong upward action coming out of nowhere. More later.. real1.

Click on the chart below to enlarge:


silver spot intraday chart

1 comment:

Frank said...

Hey real, stop guessing ,silver already bottomed and gold will bottom at 540.40 tonight in Asia trading.

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