www.goldtrends.net After hitting the upper purple trend line on Monday -- silver pulled back to just under 40 but lower price could not be sustained and the last two days has silver exploding higher again. The market is in a runaway condition as price keeps escalating higher. The next price level is the 42.75-43.00 dollar area. Prices have the potential of exploding higher at any moment so its best to just keep favoring the upside. Support is the dotted trend line near the $40 area. In summary -- the bulls are in control.
Silver Friday Morning
www.goldtrends.net After hitting the upper purple trend line on Monday -- silver pulled back to just under 40 but lower price could not be sustained and the last two days has silver exploding higher again. The market is in a runaway condition as price keeps escalating higher. The next price level is the 42.75-43.00 dollar area. Prices have the potential of exploding higher at any moment so its best to just keep favoring the upside. Support is the dotted trend line near the $40 area. In summary -- the bulls are in control.
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