It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Tuesday, January 15, 2013

Silver Builds on Previous Gains; Nears Breakout Point

 http://www.traderdannorcini.blogspot.com/2013/01/silver-builds-on-previous-gains-nears.html

Both silver and gold are moving higher today as they add to gains made in yesterday's session, gains which I might add, tremendously improved the technical chart picture for silver.
See the chart posted yesterday evening in reference to silver but note also the following chart detailing the strong move higher in the Continuous Commodity Index.

It is closing in on its 50 day moving average which closely corresponds to the level near 565, the line marked, "initial resistance" on the chart.

No comments:

Post a Comment