Silver

Silver technical analysis

date : 06.06.2013
time : 03:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 40.93

2) MACD (26,12,9)
value: -0.0115

3) ADX (14)
value: 29.67

4)CCI(14)
value: -70.08

overall trend - slightly bearish.

Technical aspects and silver eye appear in contrast to Basic. The risk of a pickup with the valuable tips despite your credit.

The order of the open beam, but cannot be opened.
Silver completely different sports.
However one must have ' If you want to connect to the system for a long time, and then enter this book never lost ... ... You make a lot of points. "

elliott zigzag or flat correction while below 22.67 - 22.79 it is more likely to fall futher towads 22.30 or 22.05
res2 23.04
res1 22.79
piovt 22.55
sup1 22.30
sup2 22.05

how are you

we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 22.680
stochastic refers that the pair will go up
so our target buy from 22.480 and our target will 200pips

Good luck

http://charts.mql5.com/1/737/silver-...orex-group.png



I see the pair will go to up way to 27.159
stochastic refers that the pair will go up
so our target buy from 22.690 and our target will 4492pips

Good luck

http://charts.mql5.com/1/738/silver-...orex-group.png




the pair can not close down the broken up trend line
I see the pair will go to up way to 24.253
so our target buy from 22.630 and our target will 1612pips


:respect::peace:

As you see in my following chart, the price of the silver trading within the bearish trend for a long period of time, the price was able to breach the strong weekly support level @ 26. in addition to breached the level of 24.22 (61 fibo level), so more falling down still expected. the next target will be at the next support level ~ @18.
http://charts.mql5.com/1/738/silver-...orex-group.png

Yesterday morning I in addition Member silver, my UT has the goal not achieved, but cross thirty-seven levels that closed movement knows with a few pips profit, inefficient silver.

http://charts.mql5.com/1/738/silver-...orex-group.png



the pair can close up the up trend line
i see the pair will go to up way to 22.580
stochastic refers that the pair will go up
so our target buy from 22.580 and our target will 100pips