Silver maintains around 2011 levels | Metals Mine

  • Silver maintains around 2011 levels

    From marketpulse.com

    Silver has had quite a run this month, up 7.40% only since the 10th of July. Today we'll take a quick look at an update of a multi-timeframe Silver analysis to spot the ongoing trends and see if the trend has still some juice. Now let's take a step back. chart Momentum is strong for the metal but starting to test the upper bound of the RSI with around $2 to $3 missing towards the highs of the ongoing light blue weekly channel. This is a good drawing to keep on your charts to maintain a good view of where we are in the current trend. chart The precious metal has made an impulsive move higher reaching the $39 to ... (full story)

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