Sunday, February 05, 2006

Silver 8 hours chart

Nothing goes strait up , like gold, silver is building a base and consolidate before making a move that will take it above 10$, I don’t think that any pullback in the price of gold or silver is going to be deep nor sustained.

I have annotated the 8 hours silver chart with wave count, Fibonacci levels and trend lines. Click on the chart below to enlarge:

1 comment:

currency trading said...

Enjoyed reading your blog.

Regards,

Active Daytrader
currency trading
http://www.daytradingcourse.com

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