Thursday, September 20, 2007

Silver Testing Resistance



For those of you who are following the metals I would keep an eye on the above chart... Above is a chart of silver and as you can see silver is testing its trendline which has been touched several times over the past few months.

In my opinion in order for gold to continue moving higher, silver needs to breakout above this trendline. Until we see that happen, gold will have a tough time maintaining it's current rally.

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