Silver View

Commodity View:

Silver is rising like an actor winnig an Oscar. Silver prices seems to be forming a Double Top on a daily chart which is supported by a highly over-bought RSI and MACD. We can expect silver prices falling back to $45 to $41. If prices breach the high, we cant expect the prices kissing $54 in quick time.


Risky Traders Sell Silver @ $48.50-49 TRGT $45 / $41 s/l $50 (Maintain s/l as market could rise above $50)