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Silver: Book Profits At 2040/45, 2060/65

Published 11/20/2013, 12:53 AM
Updated 05/14/2017, 06:45 AM

Silver broke 2050/40 & hit the target of trend line support at 2025 for a buying opportunity. We bottomed almost exactly here at 2022 & could trade higher today but longs here need stops below 2010. Our upside targets for profit taking are 2040/45 & possible 2060/65 but we should see a high for the day here is tested.
Silver
A break below 2010 however keeps the market under pressure & target 2002 then 1981 & perhaps as far as Fibonacci support at 1971 this week.

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