GSR oscillations continued:
http://goldprice.org/charts/history/...nth_silver.png The triangle corner lines have been broken a bit on the upside, but due to gold price increase( unusual relation between gold and GSR) . So the breakout is not really confirmed yet in either direction.
http://img23.imageshack.us/img23/912...rnerfeb7th.png 4 h silver fork is pressing on the support of parallel line to the fork. I think the most likely outcome is a move down then followed by move up. Todays critical support is 31, 74.- otherwise it can move back to 200 day MA = 30,64 before rebounding.
http://img441.imageshack.us/img441/4...lver4hfeb7.png
http://goldprice.org/charts/history/...nth_silver.png The triangle corner lines have been broken a bit on the upside, but due to gold price increase( unusual relation between gold and GSR) . So the breakout is not really confirmed yet in either direction.
http://img23.imageshack.us/img23/912...rnerfeb7th.png 4 h silver fork is pressing on the support of parallel line to the fork. I think the most likely outcome is a move down then followed by move up. Todays critical support is 31, 74.- otherwise it can move back to 200 day MA = 30,64 before rebounding.
http://img441.imageshack.us/img441/4...lver4hfeb7.png