Silver

[mtrsumon]

Silver analysis for 03.15.2013 by using pivot indicator.

r3: 29.40
r2: 29.18
r1: 28.99

pivot: 28.77

s1: 28.58
s2: 28.36
s3: 28.17

[advance]

the price is still rejected from the resistance at 29.15 in the h4 time frame. it is start to move again lower side but it again supported at the 28.58 now cci is come out from the over sold area but we will wait to break higher resistance at 29.35 for the long position.

[almamun466]

Silver technical analysis by using moving averages.

date : 03.15.2013

time : 1000 GMT

time frame : 1 hour

sma200 : 28.90 signal- sell.
sma100 : 28.96 signal- sell.

[mustafa83]

Silver has long been valued as a precious metal, and is used as an investment, to make ornaments, jewelry, high-value tableware, utensils (hence the term silverware, and currency coins. Today, silver metal is also used in electrical contacts and conductors, in mirrors and in catalysis of chemical reactions. Its compounds are used in photographic film, and dilute silver nitrate solutions and other silver compounds are used as disinfectants and microbiocides (oligodynamic effect). While many medical antimicrobial uses of silver have been supplanted by antibiotics, further research into clinical potential continues.

[forexgroove]

SILVER (Spot) intraday: key ST resistance at 29

Pivot: 29.00
Our preference: SHORT positions below 29 with 28.56 & 28.32 as next targets.
Alternative scenario: The upside penetration of 29 will call for 29.25 & 29.45.
Comment: as long as 29 is resistance, look for choppy price action with a bearish bias.

[Adeladickhausm1473]

Forex is using our knowledge and experience.i also open buy order but i did not close till.silver movement different.but one thing is sure that is " if you want to enter with buy order for long term then you never book loss.Be were of situations and trade carefully.

[asu_momod_india_jamput]

Silver had been rejected by the support level at 28.72 yesterday. Beside that, if we look on H4 time frame, we can see that the rejection is indicated by an engulfing candle pattern on that support. Now, I think Silver will try to go up and reach the resistance level at 29.23. This scenario will fail if Silver fall and break the yesterday's low.

[alex200]

can see in the 4h chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 28.65

stochastic refers that the pair will go up

so our target buy from 28.87 and our target will 70pips

Good luck

[FOREX MAN]

elliott flat correction down 28.61
market should hold magir support 28.44 before rising towards 29.01 or even 29.20limit
technical point
key point 28.86 - entry point 28.81 - elliott 29.36 - progection 28.36 - trend line 29.03

[amni571]

The USD/CAD is holding firmly above its broken resistance at 1.0100 level, further upside movement might be expected. However, lack of the bullish steam seemed to exist last week.
This exposed 1.0260 level, where a breakthrough allowed the rally towards 1.0300 level. Further 1.0350 level stands as the next possible upside target. ...