Silver

elliott crucial reveral point one more dip to 1449.12 is likely followed by a grind hifher to 1477.05 agter which it can resume it is down trend
support and resistances
\res2 1496
res1 1477
pivot 1458
sup1 1439
sup2 1421

SILVER,H1
Date 2013.05.03
Time 04:00

Spoiler:

http://charts.mql5.com/1/464/silver-...orex-group.png

Open 23.740
High 23.870
Low 23.690
Close 23.840
Volume 375
SMA(5) 23.769
SMA(10) 23.787
SMA(20) 23.756
SMA(50) 23.763
SMA(100) 24.006
SAR 24.140

Indicator window 1
Stoch(5,3,3) 50.0000
Signal 35.8486

Indicator window 2
RSI(14) 55.2724

Indicator window 3
MACD(12,26,9) 0.0210
Signal 0.0244

Indicator window 4
%R(14) -69.0722

based on combination of indicators above,
trend : NEUTRAL

Silver pivot levels by using fibonacci pivot indicator.

r3: 24.58
r2: 24.27
r1: 24.08

pivot : 23.77

s1: 23.46
s2: 23.27
s3: 22.96

On silver forward to continuing the growth of the North since the course was able to break through two very strong resistance level (horizontal and inclined medium-24.15) - a breakthrough last (24.15) opened the way to the front of the bulls 24.50 and 24.80, the South is not considered.

SILVER (Spot) intraday: bounce.

Pivot: 23.70
Our preference: LONG positions above 23.7 with 24.59 & 24.8 in sight.
Alternative scenario: The downside penetration of 23.7 will call for 23.05 & 22.6.
Comment: the RSI is mixed with a bullish bias.

time frame- H1
the price is brak the resistance at the 24.00 but not able to break the the 24.30. it is again rejected and hitting the lower support value at the 23.45. we can make again new long entry. with the target at 24.50 and stop loss at the 23.00
good luck

in the chart 1h we can see SiLver will go to down way in the future
I see SiLver will go to 23.718
I expect from this analyze that the price will go to down way
so sell from 24.235 to 23.718


good luck

elliott crucial reversal point it may attempt a test higher to 24.02 - 24.23 after which weakness many set to a drift down to 23.44 limit

silver kybary main dekha jai to itni pay full item nhi hai kyun ky gold ki nisbat silver main trading itni impotance nahi rakhti in the trade market silver is high point or low point so no long risk in the silver for the forex trade

whereas for silver, according to my first show bearish potential for a deeper when viewed from wekkly-montky chart. so for the long term I'd recommend you to put a sell order, because the target is the next weekly target lower positions (weekly and monthly) which has been established at 21,860 price