Monday, 11 July 2011

SLV

I still think this chart looks vulnerable to another sell-off but I note Robin Griffiths on King news recently was saying it was time to start buying silver again.From my pov it needs to regain the declining 2x1 for me to turn bullish

4 comments:

  1. good call. How far down do you think slv will go?

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  2. thks---IF it declines (I do respect Robin,having known him a long time !) 28-21 seems a good target area.However time is more imprtant than price and a 3 month decline would harmonise with 6 months from the low

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  3. thanks! Appreciate the charts.

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