In continuation to my previous post on July 26, 2013.
I would like to mention that indian silver failed once again to close above that magical purple line on August 2. However, it did surge to $20.27 and in 42600, following the release of Employement data from US. Thus, giving us another good resistance point.
Another worrying thing for me (if not for the silver bulls) is that it is trading below the Cyan trendline (at time of writing this article)