Silver

Silver analysis :

date : 06.26.13
time : 02:30 GMT
time frame : 15 min

current rate : 18.80
high : 19.62
low : 18.75
net change : -0.77%

overall trend : strongly bearish.

Silver made a new 4 years low at 19.53. It is an strong level and it is also a good atrong support. now we can buy XAG/USD on 19.60 and can put TP at 20.30 but we have to wait for some time to reach our Take Profit.

silver b GOLD k sath sath bottem par achuka he or isne be 3 sal puranay low laga diyen hen lekin ab next yahan se hum isko bying levels tak dekh sakte hen 18 k level se silver ki bying banti he .

Silver analysis for 06.26.2013 by using pivot indicator.

r3: 20.173
r2: 19.997
r1: 19.788

pivot: 19.612

s1: 19.403
s2: 19.227
s3: 19.018

Our preference: SHORT positions below 19.8 with targets @ 18.45 & 17.78.
Alternative scenario: The upside breakout of 19.8 will open the way to 20.25 & 21.1.

Most momentum for Silver is still down (although we see the yesterday candle look bull correction but weak bull). and just be aware with continue down if 21.39 also can be break down too by seller then.

The price of the silver resumes the negative trading to break 19.00 barrier now, attempting to settle below it, to reinforce the expectations of continuing the bearish trend, which has targets begin at 18.40 and extend to 16.75. EMA50 continues to support the bearish wave on the intraday and short term basis, noting that breaching 20.40 will push to test 22.65 areas before trying to resume the bearish trend again.
http://charts.mql5.com/1/892/silver-...orex-group.png

time frame- H1
the rsi indicator is move out from the oversold level and it is also making some doji pattern at the support 18.40. this may be start to move up side. we can long if this is break the resistance of 19.00. long with breaking resistance to the take profit at 19.60 and stop loss at the 18.30
good luck.

today i like to sell Silver @ 18.95
my stop loss of the day @ 19.15
half take profit for today @ 18.75
and further half take profit @ 18.50

http://charts.mql5.com/1/895/silver-...orex-group.png


we can see in the 1d chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 18.550
stochastic refers that the pair will go down
so our target sell from 18.650 and our target will 100pips

Good luck