Tuesday, September 6, 2011

SILVER‏ (Spot) intraday: bullish above 42.75

SILVER SPOT 
Our Preference: LONG positions above 42.75 with targets @ 43.8 & 44.25.

Alternative scenario: The downside penetration of 42.75 will call for 42.35 & 42.05.

Comment: the RSI is mixed and calls for caution.