Silver

http://charts.mql5.com/2/92/silver-d...orex-group.png



how are you
we can see in the 1d chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 22.615
stochastic refers that the pair will go up
so our target buy from 20.370 and our target will 2259pips

silver market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 44.24
+di : 47.31
-di : 6.58

adx(14) levels

adx : 50.15
+di : 39.39
-di : 4.92

time : 1900
date : 22.07.2013
timeframe : 1 hour

Silver analysis for 07.23.2013 by using pivot indicator.

r3: 21.967
r2: 21.268
r1: 20.882

pivot: 20.183

s1: 19.797
s2: 19.098
s3: 18.712

Silver looks a correction after the meteoric rise yesterday, the correction will likely hit a pivot, and after that, silver has a chance to bounce back to the level of 20.88

Spoiler:

http://i1345.photobucket.com/albums/...ps8ce0f5cf.png

The XAG/USD has broken up the 2010 resistance level. We have discussed this in our previous analysis. If price retraced back to 2010 level which has now turned into support, then we would find a long opportunity.

today i like to buy @ 20.10
my stop loss of the day @ 19.96
half take profit for today @ 20.26
and further half take profit @ 20.40

Silver pivot levels for 23.07.2013 by using fibonacci pivot indicator.

resistant 1:21.27
resistant 2:20.85
resistant 3:20.59

pivot point :20.17

support 1:19.75
support 2:19.49
support 3:19.07

time frame- h1
the price is rejected fromt he resistance at the 20.53 level with making double top chart pattern. this is falling to the down side but the pivot point at the 20.17 is a good support and it hold the down movement. but if this level is break then price will falling again to the support trend line at 19.65. short at the 20.10 with the take profit at 19.65
good luck

Gold ,22/7/2013

जोड़ी की कमी दिशा : स्थिर .


आज के लिए अपेक्षित लक्ष्य: 20 - 19,6

silver market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 26.84
+di : 18.23
-di : 22.63

adx(14) levels

adx : 34.38
+di : 7.81
-di : 21.93

time : 1600
date : 23.07.2013
timeframe : 1 hour