Silver early Tuesday Asian Trade

The world markets are being rattled as the NUKE crisis expands on Tuesday morning in Asain trade. The chart shows silver is breaking below the channel line on an intra day basis. Resistance remains at 36.50-36.75 and needs a move above that area to neutralize this action. Support is the lower dotted trend line near 33 and last weeks low near 34 --- so say 33.80-34.20 and 32.60-33.05 area should the sell off accelerate. Until the Nuke situation calms --- anything can happen on Tuesday.

1 comment:

sierra_hpbt said...

how much time do we have for the spot price to move above the 36.50 to 36.75 resistance?