SILVER closed higher on Friday. The highrange close set the stage for a steady to higher opening when Mondays night session begins trading. Stochastics an d the RSI are neutral to bullish signalling that a low might be in or is near. Multiple closes above the 20day moving average crossing would confirm that a shortterm low has been posted. If it renews the decline off Februarys high, the reaction low crossing is the next downside target.
Posted on: Mon, 17 Mar 2014 07:51:23 +0000
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