Silver

Silver analysis for 10.16.2013 by using pivot indicator.

r3: 22.713
r2: 22.097
r1: 21.703

pivot: 21.087

s1: 20.693
s2: 20.077
s3: 19.683

Silver technical analysis

date : 10.16.2013
time : 01:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 46.65

2) MACD (26,12,9)
value: -0.0041

3) ADX (14)
value: 25.12

4)CCI(14)
value: -15.67

overall trend - slightly bearish.

time frame- H1
Major trend direction- down trend
the down movement of the silver is hold at the support 20.50 level and again moved up side with braking the resistance at 21.00 level. the rsi is also above the 50 level. if this is break the 21.30 level we can see it will move to the 22.00 level.
trade- long position
take profit@21.90
stop loss@20.20
good luck.

Silver technical analysis

date : 10.16.2013
time : 08:30 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 37.30

2) MACD (26,12,9)
value: -0.0152

3) ADX (14)
value: 23.69

4)CCI(14)
value: -110.69

overall trend - slightly bearish.

awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
down signal tp:30 pip
loss:20 pip

Silver technical analysis

date : 10.16.2013
time : 14:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 44.97

2) MACD (26,12,9)
value: -0.0150

3) ADX (14)
value: 30.83

4)CCI(14)
value: -115,31

overall trend - slightly bearish.

silver today's evening time analysis basis of stochastic(5,3,3) and adx(14)

stoch(5,3,3)
main : 85.00
signal : 76.92

adx(14)
adx : 23.55
+di : 27.14
-di : 14.99

so we see the market
condition : ob
overall trend : bullish
timeframe : m15

Silver analysis for 10.17.2013 by using pivot indicator.

r3: 21.770
r2: 21.580
r1: 21.465

pivot: 21.275

s1: 21.160
s2: 20.970
s3: 20.855

Silver technical analysis

date : 10.17.2013
time : 03:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 41.08

2) MACD (26,12,9)
value: -0.0124

3) ADX (14)
value: 23.40

4)CCI(14)
value: -118.20

overall trend - slightly bearish.

silver today's morning time analysis basis of stochastic(5,3,3) and adx(14)

stoch(5,3,3)
main : 55.17
signal : 37.84

adx(14)
adx : 26.79
+di : 14.45
-di : 19.00

so we see the market
condition : neutral
overall trend : bearish
timeframe : m15