analysis for today 5 / 6 / 2014
SILVER (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 19.529
Retracement (50%) 19.560
retracement (61,8%) 19.591
Extensions (61.8%) 19.269
Extensions (100.0%) 19.170
Extensions (138.2%) 19.071
Extensions (161.8%) 19.009
calculation based on a Fibonacci retracement then today I choose sell