19.12.2008 - Silver may rise above $14 on technical signals, Citigroup says
From Bloomberg: Silver may rise to a four-month high of more than $14 an ounce, technical strategists at Citigroup Inc. said, citing charts that indicate future price movements. The metal climbed above a 55-day moving average last week, a signal to some traders that the advance will continue. A rally and close above the moving average “suggests that silver could test the 200-day moving average currently at $14.49,” London- based Shyam Devani said..... Full Article: Source