After hours trading closed the week at 4001, up from Friday's ASX close of 3984.
Weekly chart shows a down trend. Log scale.
Daily chart. The bullish flag potential shown in posts earlier this week has been crushed. Give the higher degree weekly chart down trend it was never high odds, but best to keep an open mind, to keep yourself focussed on managing risk, rather than daydreaming of potential profits.
Saturday, 26 November 2011
Long term weekly chart shows that silver has likely completed a throw over / false break. If the throw over is complete then the market should trend toward the lower trend line. Log scale.