The reason I say this is because of seasonality which is very poor for silver from March till June:
Tuesday, April 10, 2012
Silver ~ Update ~ 10 April 2012
The neckline of the potential inverse H&S I posted in my previous update was never breached so the trend is still neutral-bearish. I still think that a break of 33ish was very bullish but it probably won't happen for a few more months.
The reason I say this is because of seasonality which is very poor for silver from March till June:
The reason I say this is because of seasonality which is very poor for silver from March till June:
