Silver about to implode?
Chart created with Prorealtime
Based on these charts, we can assume this rally won’t last for too long, and we should be very close to a (temporary) top in Silver prices.
If silver climbs towards $50, we will sell our positions. We think many people are expecting silver to go to $50, so many people will sell at that level, so we will set our sell limits around $49.
We favor Gold over Silver right now.
Related posts:
- Gold-to-silver ratio falls below 34
- Silver vs silver mining stocks
- Why I am leaving silver for what it is…
- Gold to Silver ratio, what next?
- Precious metals bull market nearing an end?
Short URL: http://profitimes.com/?p=3886
Posted by Profitimes
on Apr 25 2011. Filed under Free Articles, Sample Analyses.
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