04th Apr - Silver Recovery Off Long Term 76.4% Disappointing
04 April 2014
WEEKLY CHART – CONTINUATION:
The long term 76.4% retracement has provided good support, but recovery attempts from this have been disappointing to date.
DAILY CHART – May-14:
See how the current pullback is trying to find support from a s/term 76.4% level. Bulls could yet salvage something here (deep initial pullbacks after a trend change are quite common) but failure of this support would be a negative development…
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