Silver

Silver has demonstrated clear from the bottom of an unconfirmed channel (point of tangency 23.18), the course has started building a new north-wave in the direction of the main trend, the couple was able to overcome the resistance in the 24.00 figure, which now fulfills the role of support from him, waiting for the resumption of growth in the area of ​​month maximum of 25.00 figure.

siler main trading karna asaan b hai r iss say ham ko bohat he zaida faida hota hai iss liye forex main ham ko silver par traing karni chaheye q k iss say ham ko bohat earning hoti hai

The price of the silver remains stable above 24.00, keeping the bullish trend expectations valid efficiently for today, supported by the EMA50. Stochastic negativity might cause more sideways fluctuation and testing the EMA50 before resuming the bullish trend, which is targeting mainly 26.05, while achieving it requires holding above 23.75
http://charts.mql5.com/2/424/silver-...orex-group.png

Silver Weekly Technical Outlook
ONG Focus | Technical | | Sat Jan 15 11 12:40 ET
Silver Weekly Technical Outlook
Comex Silver (SI)

Silver's recovery was limited at 29.825 last week and subsequent break of 28.325 support confirms that whole decline from 31.72 has resumed. As noted before, a short term top should at least be formed at 31.72 on bearish divergence condition in daily MACD. Initial bias is on the downside for 100% projection of 31.275 to 28.325 from 29.825 at 26.875. On the upside, break of 29.825 resistance is needed to indicate that fall fro 31.275 is finished. Otherwise, near term outlook will remain mildly bearish.

In the bigger picture, note that weekly MACD is turning down and might break its signal line soon. Such development, coupled with break of 38.2% retracement of 17.735 to 31.275 at 26.103, will confirm medium term topping and will bring deeper decline towards 24.98 support and below. Though, we'd expect downside to be contained by 22.84 cluster support (61.8% retracement of 17.735 to 31.275 at 22.907). On the upside, break of 31.275 high is needed to confirm up trend resumption. Otherwise, we'll stay neutral and expect more consolidation/correction below 31.275.

In the long term picture, silver's up trend from 2001 low of 4.01 is still in progress. We'll stay bullish as long as 21.44 resistance turned support holds and would expect such up trend to extend further to 161.8% projection of 4.01 (2001 low) to 21.44 (2008 high) from 8.4 (2008 low) at 36.6 next.
Comex Silver Continuous Contract 4 Hours Chart
http://www.oilngold.com/images/stori...0115-si-w1.png


Comex Silver Continuous Contract Daily Chart
http://www.oilngold.com/images/stori...0115-si-w2.png
Comex Silver Continuous Contract Weekly Chart
http://www.oilngold.com/images/stori...0115-si-w3.png

Silver price is now up trend. The price already breakout daily pivot point (23.84) and touched upper trend line. I think the price may touch daily resistance 1 level (24.60).

http://i1311.photobucket.com/albums/...ps9ef9e010.jpg

for silver today, I would recommend a long term basis is a buy order, as seen in h1 time frame, the price is valid for bullish (based on the Bollinger band) price is still possible to move higher again. place buy orders from now. If you want to put a sell order, the right position is a sell stop at price 24.231

Update:
The price of the silver consolidates well on 24.00, which acts as a good intraday support base, that reinforces the suggested bullish trend for today. Therefore, the morning expectations remain valid for the rest of today’s trading conditioned by holding above 23.75
http://charts.mql5.com/2/426/silver-...orex-group.png

frnd mai trading mai nw hu mjy itna cha expirnce nahi hai juk mai ik perfet trah ka signal du lakin itna pta hai silver buht hi achy metal hai jis mai ap trade kar k buht sa profit bna sakty hain ye buht hi fast metal hai jsi mai apku profit zayda huta hai

Futures rose for silver Tuesday , as market sentiment strengthened after upbeat economic data on Monday, which boosted expectations of global economic recovery .

On the Comex division of the New York Mercantile Exchange , traded silver futures for December delivery at $ 24.13 a troy ounce during European morning trade , gaining 2.65%.

Silver prices traded in a narrow range between $ 24.02 an ounce, the lowest price for the session and the highest price for the day at $ 24.28 an ounce.

Trading was closed at its Comex next Monday because of the Labor Day holiday , and will be booked transactions with today's trades for settlement purposes .

Was likely to find support at 22.88 silver dollars an ounce , the lowest price since Aug. 23 , to hit 24.46 dollars per ounce , the highest price since August 29. .

And reinforced expectations for the recovery of the global economy after data showed on Monday that China's industrial activity has expanded for the first time in a year in August.

In the euro zone, reports showed that manufacturing activity in Spain and Italy returned to growth for the first time since 2011 , raising optimism about the global economy.

Manufacturing is the main driver of demand for silver as it is used in solar panels and electronics , as well as jewelry.

Silver traders awaited key macroeconomic data later this week that will determine when the United States would begin withdrawing its stimulus measures .

The U.S. is to publish a report on U.S. non-farm payrolls on Friday amid ongoing speculation about the date of commencement of the Fed to end bond-buying program of $ 85 billion .

Traders awaited the latest U.S. data to measure whether they will lead to the strengthening or weakening the case for the Fed to reduce bond purchases.

Was likely to reinforce the view that the central bank will reduce its bond purchase program in the near term if there is no improvement in the U.S. economy.

He is scheduled to meet on 17-18 September Bank to review the economy and central bank policy assessment .

Elsewhere on the Comex , gold for December delivery fell 0.6% to trade at $ 1 387.40 an ounce, while copper rose for the month of December by 1.85 % to trade at $ 3.293 a pound.

Silver analysis for 09.04.2013 by using pivot indicator.

r3: 24.963
r2: 24.707
r1: 24.463

pivot: 24.207

s1: 23.963
s2: 23.707
s3: 23.463