Written by: Trader 1/19/2009 10:08 AM
Silver continues to be the relative strength leader in the metals. It has a 120 minute bull flag that has the potential to make new highs. The daily oscillators are still correcting up and has room to move up for more than one day.
This is the 120 min chart - bullflag is highlighted.
This is the daily chart - the daily oscillator is highlighted. Notice that it still has room to continue to move up.
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