Wednesday, August 31, 2011

SILVER‏ (Spot) intraday: further upside.

SILVER‏ (Spot)
Pivot: 40.95

Our Preference: LONG positions above 40.95 with 41.8 & 42.45 in sight.

Alternative scenario: The downside penetration of 40.95 will call for a slide towards 40.5 & 40.1.