Spot Silver $XAGUSD 04 May 2011

Here is the spot silver setup that I am looking at. I was looking at 40.85 as potential support level, and here we are. Let's see if we have a bounce from here.

Here is the .... CHART!

$XAGUSD 04 May 2011

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  1. Callan
    Good analysis mate, I was also looking for support at similar levels. There is an article on http://www.thetradercentral.com where a trader explains why the price of silver has fallen. Keep up the good work