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Technical Chart - Silver Drops to Trendline Support Print Next Article
Thursday, February 04, 2010
By dodjit.com
Tags : Silver , Dollar , Technical Analysis

The recent strength in the U.S Dollar has caused commodities to fall. Silver has dropped within it bullish uptrend and has now come down to trendline support. Even though this type of scenario often signals towards a bounce, ( as seen in the past), this time round Dollar strength could force this chart out of trend.

Silver - Daily Chart

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For an individual chart analysis including trend lines, see Dodjit’s chart analysis page.

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