Commodities and Futures reports that silver is sliding significantly in the US market today.
Commodities and Futures reports that silver is sliding significantly in the US market today after forming a double top.
The market news is quoted as saying:
The decline from that has already materialized, and the bullish momentum has been technically violated. The RSI plunged below 40, reflecting a loss of the bullish momentum. A break below 30 suggests bearish momentum.
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Read more:Â http://www.ibtimes.com/articles/113221/20110216/silver-loses-momentum-after-double-top-29-60-is-key-support.htm#ixzz1EA2YBY00
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1815.51 | +3.21 | |
| Silver | 21.25 | +0.04 | |
| Copper | 4.18 | +0.01 | |
| Palladium | 1979.50 | +34.50 | |
| Platinum | 953.00 | +7.00 | |
| Oil | 110.34 | -0.15 | |
| Heating Oil | 3.77 | +0.01 | |
| Natural Gas | 7.80 | +0.14 | |
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