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http://charts.mql5.com/2/530/silver-...orex-group.png
hi
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 21.512
stochastic refers that the pair will go down
so our target sell from 21.884 and our target will 372pips
Good luck
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silver analysis for 09.17.2013 by using pivot indicator.
r3: 24.165
r2: 23.680
r1: 22.715
pivot: 22.230
s1: 21.265
s2: 20.780
s3: 19.815
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main nay kbi silver main trade ke he nhi or na he ic k ups and down ka ilm hay or na he he ic ke move ments ka ic lea main silver ka kuch b nhi kay skta.
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time frame- H1
silver is moving in the symmetrical triangle chart pattern. it has resistance at the today pivot point 21.93 level and support at the 21.60 level. it is moving with hitting the support and may be break the resistance trend line. we can long with breaking 22.00 level
trade type- long
target - 22.50
stop loss- 21.00
good luck.
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silver, prices yesterday traded bearish. whether prices will continue to trend day yesterday? silver is now seemingly up to test the pivot level, if the pivot successfully broken silver will likely strengthen to 22.22 to 22.68, as the current starting price is above the indicator that indicates if the buyers begin to dominate. but if it fails silver will probably go down to a level of 21.46 to 21.16.
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silver
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 17.86
+di : 20.51
-di : 21.55
adx(14) level
adx : 24.42
+di : 15.29
-di : 14.32
so we can decide that the market trand is : down
timeframe : 1 hour
time : 0300 gmt
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Silver analysis :
date : 09.17.13
time : 03:45 GMT
time frame : 15 min
current rate : 21.86
high : 21.96
low : 21.69
net change : 0.09%
overall trend : slightly bullish.
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silver
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 15.52
+di : 25.91
-di : 19.09
adx(14) level
adx : 22.44
+di : 28.33
-di : 13.37
so we can decide that the market trand is : down
timeframe : 1 hour
time : 0700 gmt
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Silver is a good symbol in forex business.We can get many profit in very short time by silver trading.Silver can give us big profit and big loss because silver run very speed.
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The price of the silver is stuck between Fibonacci correction levels which appear in the image, while we still waiting for a confirmation signal for the next intraday track, which depends on the price behavior according to the critical levels between 21.40 support and 22.60 resistance. Therefore, our neutral attitude will remain valid now, and to recognize the expected targets from the breach, please take a look at our previous technical reports.
http://www.economies.com/includes/ex...1379394866.png