$36.11 seemed to be the key price and last night it held above it on a closing hourly chart for 6 hours. This implies the target in the title.However, a worse case scenerio sits at $34.91 TO $34.78. This seems to be an extremely strong support area.If silver gains momentum below the zone given for support, the rally of the last couple days would be a head fake. I really have trouble seeing this head fake playing out but i've been wrong before:)Keep an eye on the dollar, it's showing some unusual spunk. If it gets to 76.00 this implies a dollar rally of some sort that will more than likely make this PM rally a head fake. Good luckchemaes
Chemaes, SCCO has shown some execeptional strength in the last 2 days an today it broke out of a 6 month down channel, even though I know this time of year is usually tough for the miners I had to buy this.
Great call Chemeas.
Of course he made a great call. I taught him everything I know and, smart man that he is, he didn't listen to a word of it.-Stan-
It ain't no head fake...The real deal.
You may be right. The dollar got slapped back this morning as it tried to make a move on 76.00; silver is back above $36.11 and silver is leading gold.The stars seemed to have aligned.Good tradingchemaes