Can any one tell me that when will the movements will go upward direction in silver.i am waiting for it.i have a loss of $115 in silver and now i am waiting that when will i recover this loss.the loss is still in pending.
Can any one tell me that when will the movements will go upward direction in silver.i am waiting for it.i have a loss of $115 in silver and now i am waiting that when will i recover this loss.the loss is still in pending.
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in my opinion nowadays the moment might be can be purchased for the purpose of rather long silver antique. check through monthly length of time. furthermore there we're able to realize that some green bartender candle light would adhered to accompanied by a bullish green bartender candle light. potential month silver antique definitely will move up and often will destroy typically the virtually all training. we tend to take on a lot of our aim at by thirty two. 40 with the help of give up decrease 30. 00.
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Continue to keep the sale of silver, the signals at the output of the position and the signal is not present on the north turn, the price is still under the pressures of moving an alligator, much as the formation of the upper fractals lows (from 27.30 to 27.00 and now 26.90) - this means that the bears continue to put pressure also steadily strengthened price below 27.00 figure which opened 26.50.
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Of silver to ready to buy, at a senior graphic noticeably closer to the long-term price of the horizontal support area 26.35 + - around which is also moving, and 200, the first time I think this level of the bears can not be overcome and at the beginning (at least) the medium-term correction in the region 28.00 figure can count.
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SILVER (Spot) intraday: up turn.
Pivot: 26.65
Our preference: LONG positions above 26.65 with 27.07 & 27.35 in sight.
Alternative scenario: The downside breakout of 26.65 will open the way to 26.45 & 26.
Comment: a support base around 26.7 has formed and has allowed for a temporary stabilisation. The RSI has just landed on a support around 30% and is reversing up. Finally, the falling wedge pattern calls for 27.35.
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Silver analysis for 04.04.2013 by using pivot indicator.
r3: 27.92
r2: 27.64
r1: 27.31
pivot: 27.03
s1: 26.70
s2: 26.42
s3: 26.09
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elliott resistance in an impulse wave down 27.27 it may meet resistances in 27.00 - 27.04 zone for a deiftt down to 26/72 zone after which bounce to 27.32 is anticipated
support and resistances
res2 27,64
res1 27.32
pivot 27.04
sup1 26.27
sup2 26.44
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SILVER (Spot) intraday: the downside prevails.
Pivot: 27.55
Our preference: SHORT positions below 27.55 with 26.7 & 26.45 as next targets.
Alternative scenario: The upside penetration of 27.55 will call for a rebound towards 27.88 & 28.15.
Comment: as long as 27.55 is resistance, look for choppy price action with a bearish bias.
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