Moring all.Here's the link to the Clive Maund article I...

Moring all.

Here's the link to the Clive Maund article I referenced last night:

http://www.clivemaund.com/article.php?art_id=67

Given the current environment it cannot be ruled out.

Yes Wanelad - higher volume would've been nice but at the end of the day it bounced off that level with a reversal candle (which needs to be confirmed today) and is following price of gold and silver which are showing similar chart patterns.

My only concern is that both silver and gold have breached long term uptrends and may take some time to recover from a technical perspective.

On a positive note, good to hear the Greek fiasco could be getting resolved which will make the markets happier...


Cheers

SW