Saturday, May 21, 2011

Gold Silver Charts with Three Line Break View

Gold Silver Charts with Three Line Break View trading fiday May 20 may 2011 : If you trade the gold market, don’t forget to try out the powersheet lite from Pivotfarm on the right underneath the banner. These confluence zones will help you determine support/resistance levels.


Gold ( GLD ) :

* Has held up well, but will most likely be dragged down with all the metals, especially if the market begins to trend lower.


Silver ( SLV ) :

* Parabolic chart that will need some time to consolidate. I think this is going to the $26-28 range and that may be an area to dip your toes in.



source : www.zentrader.ca/blog/?p=6722

Tag : Gold Charts may 20 2011 ,Silver Charts 20 May 2011,
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