Wednesday, December 21, 2005

Silver Nearing Support Following Decisive Break-Out Target Price Of $10-$11.5 For 2006. - Waltzek

As prices moved above the $8-$8.5 resistance level, a furious run to $9.20+ commenced, as predicted in October. Silver is now testing support as viewed in the graph below. Prices are expected to climb above the weekly high point of 2005 next year. A vigorous move to the 10-$11.5 level will likely be the result of the recent upthrust: