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rtechs

Silver : What next after decent popup in price ?

CFDs on Silver (US$ / OZ) (TVC:SILVER)  
rtechs Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Trend Analysis Chart Patterns Silver silveranalysis
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trendanalysis chartpattern silver silveranalysis
Silver broken its 200MA, before any higher move, it will retest the 200MA which comes around 16.78/16.79, needs to hold this level for any further major drop, if silver holds this levels, it will be shooting towards upside resistance of 17.30/.40 levels and it will be a move towards 18+.
Comment:
so far so good, silver came back as predicted.
Comment:
As updated on May 2, silver hold good support on green area.. till now almost 1000+ points in INR.. keep holding let it move towards 200 MA
Comment:
Silver taken support and taken a good fly entered 17 dollar zone... enjoy...
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