Paper Silver ETF (SLV):
Monday, August 30, 2010
Silver's Trend Energy Increasing
Silver has retested the June highs in August. The surge in REV(E), trend energy to higher high suggests that June resistance zone won't be able to contain the magma dome of pressure that lies below for long. A break above the May swing high will trigger massive computer buying. The concentrated are well aware of this technical zone.
Paper Silver ETF (SLV):
Paper Silver ETF (SLV):
Labels:
Technical Analysis
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