MURUGAVEL

SILVER ($ 30.10) -  Click here to see the post dated 07th May and reminder post dated 12th May. As posted it supported around  $ 32 and resisted around $ 42 for the last four months.   what next ? Last friday it closed below $ 32 so o ne more consecutive close below $ 32 open the gate for the next fall. Down side it going to attack and bottom out at  $ 21 - $ 18  

SILVER  - When posting this, now silver trading at $33.02 after making low of $ 32.30 As posted on 07th May It already bounce backed  from $ 33.53 to $39.47 and from there, now, once again testing the mentioned support level. As posted earlier, 2consecutive Close below $ 32 only next down fall. so now all levels are intact. Support $ 32_34 and Resistance $ 40-42

SILVER ($ 35.28)  -  As said in the above chart, posted on 30th April. Topped out at $49.82 and  expect vertical fall, down target $34_32.  The above said, vertical fall happened with in 5 trading session. (ie. from $ 48 to  $34). It was an once in life time opportunity. In silver, it happened  three decades ago (the year 1980) and   now the same thing happened once again. I don't know how many people, in the world,  gave this down target ($34_32)  when it was trading at $48. The thing is "The chart and the price is one but the difference is, how you read it" Now what next ? It seems time being it is bottoming out at $34_32 expect bounce back target $40_42  If it 2consecutive close below $32, then only next fall

SILVER ($ 48.58) -  This Week made a high $49.82.  It seems already topped out or   may be   one more spike top out, few more $ ! Hereafter if it 2consecutive close below $ 46 ,  expect shortly, vertical fall target   $ 34_32