SLV chart updated: Target reached $32-$30

٢٥ سبتمبر ٢٠١١

Read the previous chart from Sep 15 which is on this chart. I added the green boxes to update the chart, but everything else is the same. Also note the chart of Gold (GLD) where the pattern also appeared. There were many fundamental reasons for this break in price. If the world can escape a deflationary collapse, then silver and gold will find a level of support again. For now, the world is voting on a deflationary recession.