Following up on yesterday's "Silver Closing the Gaps, Look Out Below (SLV)", here's the Price Action Lab Blog with a look at the ETF:
The recent rally in precious metals has lifted SLV as much as 28% from its December 2011 low of $25.65 to close near $33 on Friday, January 27, 2012. This closing price is $1.50 below a triple resistance area.
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