Silver May Revisit 2008 High After Breakout: Technical Analysis

Businessweek.com reported on Silver May Revisit 2008 High After Breakout:

Silver for immediate delivery rose above $19.47 this week, breaking out of a narrow trading range that began in May and capped prices below $20, said MacNeil Curry, a technical analyst at Barclays in New York. The breakout means that silver will resume a bull trend that began in October 2008, he said. A gain to $21.35 would be the highest price since March 17, 2008.

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