Wednesday, May 25, 2011

Silver Update

Live New York Silver Chart [ Kitco Inc. ]
See the spike a little after 3pm est. thats when Bullard spoke in Missouri. We had a print of 36.63 in the access market and it continued its rally almost touching 37.5 around 5 am est.
Live 24 hours silver chart [ Kitco Inc. ]

No resistance till we get to 39, the only resistance will come from news margin hikes and  FED speak  (if its pro dollar). So if we don't get any negative news we should be at 39 by Friday.

No comments:

Post a Comment