Silver Q4 from Oct 2014 (moved)

Prices closed Q3 at 16.85, so has challenged its resistance before chopping though support as projected in Q2 update, making a slightly higher high and lower low than expected.

Pivot d-2 should be made this month, no higher than around 19.50 (spike high no more than 20.87), providing a breather before the next drops to new lows at silvers first support level of 13.02.  Silver has remained within its MF Q012 channel, and a drop will mean a highly likely retest of Q123ML, which now is on its 3rd test as support!

Si Q4 2014

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