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http://charts.mql5.com/2/84/silver-h...orex-group.png
how are you
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 19.760
stochastic refers that the pair will go up
so our target buy from 19.460 and our target will 300pips
Good luck
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Silver is showing some weakness it may face resistance at 19.478 and support level is 18.639 or 18.334. Once it touches 18.334then it may change trend to upward. one can buy silver around 18.334 level for long term target is 28.800 level. Weekly chart and monthly charge already given week signals. So it may test earlier bottom of 18.175 or 18.334 After touching 18.334 if it crosses20.800 then it is confirm for long term bullish trend where we can see the level of 28.800 within 3 months period.
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hi;;
we can see in the 4h chart the pair can close up the up trend line i see the pair will go to up way to 19.788 rsi refers that the pair will go up so our target buy from 19.460 and our target will 330pips
http://www3.0zz0.com/2013/07/21/18/904483560.png
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:))):woo::happy:
http://charts.mql5.com/2/85/silver-h...orex-group.png
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 19.860
rsi refers that the pair will go up
so our target buy from 19.460 and our target will 200pips
Good luck
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elliott correction zigzag 19.72 current rise seems to be over near 19.59 or 19.67 for a retacment towards 19.50 - 19.44 area
support and resistances
res2 19.81
res1 19.67
piovt 19.50
sup1 19.37
sup2 19.20
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today i like to sell silver @ 19.96
my stop loss of the day @ 20.20
half take profit for today @ 19.76
and further half take profit @ 19.56
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Couple XAG / USD finished trading on Friday near the upper boundary of the descending channel at around 19.48. On the hourly timeframe price chart below attempts to break the color MA indicator AC in red, above the zero level and points to the sluggishness and indecision of the market. Stochastic is in oversold territory, but still quiet. Weather. Most likely on Monday the pair will decline to around 19.39 and maybe to 19.21. Break down the channel is unlikely. The alternative-the pair to 19.73 and 19.89.
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Silver analysis for 07.22.2013 by using pivot indicator.
r3: 19.913
r2: 19.753
r1: 19.607
pivot: 19.448
s1: 19.302
s2: 19.143
s3: 18.997
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time frame- h1
the price has been break the strong resistance and the daily resistance at 19.91 but now the price become overbought with the rsi indicator so some down movement is expected. the price will falling and move to the 19.60 level short this pair with the stop loss at 20.50
good luck
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Silver pivot levels for 22.07.2013 by using fibonacci pivot indicator.
resistant 1:19.75
resistant 2:19.63
resistant 3:19.56
pivot point :19.44
support 1:19.33
support 2:19.26
support 3:19.14