The Wild Card Silver 21 Aug 2009
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The Wild Card Silver 21 Aug 2009
Friday, 21 Aug 2009
USD to Go Volatile on U.S. Homes Sales and Bernanke Speech
The Wild Card
Silver
Silver has experienced much bearishness in the past 2 weeks as it currently trades at the $13.74. The current bearish trend is expected to come to n end anytime soon, and a bullish correction may be in the making. This is supported by the RSI of the hourly and daily chart, and the Stochastic Slow of the hourly and daily chart. Entering the commodity when the upward breach occurs may turn out to pay off for forex traders today.