Long Term Silver Chart & potential bottom forming

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Published : February 11th, 2016
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Category : Market Analysis

Silver Long Term

The very long term price of silver suggests that the Handle on the "cup and handle" pattern is just about complete. The bear market low should be where this dual support line resides. Accumulation of silver has been suggested since the 14 area and is still recommended.

Chart from Kimble Charting Solutions with a few tweaks from Goldtrends.


Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Bill Downey is the editor of www.GoldTrends.net where he monitors the price patterns on an hourly, daily, weekly and monthly basis. He offers commentary on what it all means along with support and resistance levels along the way in advance of each day's trade. If you would like to join for 30 days he offers a free trial. Visit his website home page for details.
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