29th Nov - Silver Bulls Struggle at 38.2% Resistance
29 November 2012
WEEKLY CHART - CONTINUATION
Previous weakness has been finding support above the long term 61.8% retracement level.
This year’s recovery attempt found clear resistance from the 38.2% level and this could continue to hold.
DAILY CHART – Mar-13:
Recovery over the summer reached a 76.4% area where price failed to hold the high ground.
Subsequent weakness has so far found support from the 50% pullback, but the Nov bounce may only prove a temporary correction ahead of another downleg.
The lower 28.55 76.4% pullback level could be the next interesting support in due course.
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29th November - Oil bulls should be dissapointed 
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27th Nov - USD/SGD Bears Show Signs of Fatigue