Silver

SILVER (Spot) intraday: the bias remains bullish.

Pivot: 28.60
Our preference: LONG positions above 28.6 with 29.1 & 29.25 in sight.
Alternative scenario: The downside penetration of 28.6 will call for 28.32 & 27.95.
Comment: an ascending channel has formed. The RSI is above its neutrality area at 50%. A re-test of 29.1 seems likely.

in the H4 time frame the price is moving in the channel pattern. upper side resistance is 29.10 and lower side supported at the 28.66. we must wait to break this channel pattern for clear entry. but if the price reach at the support level we can long this pair with the target 29.00

Silver analysis for 03.20.2013 by using pivot indicator.

r3: 29.54
r2: 29.32
r1: 29.10

pivot: 28.88

s1: 28.66
s2: 28.44
s3: 28.22

Main ye thread SILVER ke debation ke liye bana raha hain.Sabhi members ko ya post karne ke liye swagat karta hoon. good

silver is still holding 29 figure despite rally in the gold silver did not follow its moves.there are no huge volume in the silver market but if 28.70 broke than 28.10 can be next target on the downside. sellers should watch out 29.15 area and with stop above that region can give very good trade.

SILVER (Spot) intraday: further advance.

Pivot: 28.40
Our preference: LONG positions above 28.4 with 28.8 & 29.15 in sight.
Alternative scenario: The downside penetration of 28.4 will call for a slide towards 28.2 & 27.93.
Comment: a support has formed around 28.4. The RSI is bullish and calls for further upside. A break above 28.8 would have bullish implications towards 29.15.
thanks

As we glance on the chart, Silver is moving close to the resistance level at twenty eight.72 now. Then, if Silver will break that resistance with success, i feel it'll open the way for Silver to continue increasing and reach consequent resistance level at around twenty nine.23....Best of luck .

elliott common flat correction up 29.10 curent should be ended round 29.00 - 29.11 any correction consolidation should find support in 28.78 - 28.68
support and resistances
res2 29.32
res1 29.11
pivot 28.89
sup1 28.68
sup2 28.45

http://charts.mql5.com/1/183/silver-...orex-group.png



hi

how are you

we can see in the 1w chart

the pair will go to down way to the down trend line

i see the pair will go to down way to 27.35

stochastic refers that the pair will go down

so our target sell from 28.85 and our target will 150pips

Good luck
@>-:respect::happy::doubt:

SILVER (Spot) intraday: rebound in sight.

Pivot: 28.60
Our preference: LONG positions above 28.6 with 29.1 & 29.25 as next targets.
Alternative scenario: The downside penetration of 28.6 will call for a slide towards 28.32 & 27.95.
Comment: silver prices are holding above the channel support. The RSI lacks downward momentum. A re-test of 29.1 seems likely.