Silver

Silver pivot levels for 24.07.2013 by using fibonacci pivot indicator.

resistant 1:20.84
resistant 2:20.66
resistant 3:20.54

pivot point :20.36

support 1:20.17
support 2:20.06
support 3:19.87

today i like to buy silver @ 20.26
my stop loss of the day @ 20.00
half take profit for today @ 20.40
and further half take profit @ 20.65

Very interesting situation formed of silver, the price steadily stronger above the upper limit of a converging triangle 20.13 (this level is now fulfills the role of support) and above the 200 moving from silver I personally expect only the growth, I think the point would be 20.13 and the resumption of growth, the goal is still 21.00.

silver aj up ja k buy kr 20.10 se20.50 tak ja k or as se ap gold profit mai k

http://charts.mql5.com/2/110/silver-...orex-group.png


we can see in the 1w chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 24.835
stochastic refers that the pair will go up
so our target buy from 20.224 and our target will 4611pips

Good luck

time frame- H1
the price of the silver is break the double bottom chart patten and the support 20.15 level it is moving continue down side but now price is over sold so some up movement is expected but it will be continue in down trend and try to hit the 19.67 level. we can hold our short positon with the stop loss at 20.30
good luck

how are you

we can see in the 1h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 19.824
rsi refers that the pair will go down
so our target sell from 20.070 and our target will 239pips


http://charts.mql5.com/2/111/silver-...orex-group.png

bullish trend is still dominated as a major trend.. now price seen cross ma line and if price goin up and break pivot area i think good to buy this silver.. seems to me price will towards resistance 1 20.42 and good to put tp there..

Spoiler:

http://i1345.photobucket.com/albums/...ps4642da84.jpg

today i like to sell silver @ 19.96
my stop loss of the day @ 20.20
half take profit for today @ 19.80
and further half take profit @ 19.68

Silver pivot levels for 25.07.2013 by using fibonacci pivot indicator.

resistant 1:20.68
resistant 2:20.49
resistant 3:20.37

pivot point :20.19

support 1:20.00
support 2:19.88
support 3:19.69