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Tuesday, the international spot silver prices trading at $20.80 an ounce; the dollar index is trading at 20.82. Overnight the European stock market slumped, German stocks continue to decline, the dollar index rebounded slightly, but is still below 80, running to the precious metals market after the crash, gold is also maintained at above $1330 / oz, the material will also maintain a strong shock. America Philadelphia Fed President Plosser (CharlesPlosser) Monday (March 10th) said, the Fed (Fed) it is necessary that it will adhere to the current purchase debt reduction plan." 30 minutes from the map view, spot silver over the top pressure, pressure 21.05-21.32, below the support level of 20.58-20.40.
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analysis for today 3 / 12 / 2014
SILVER
Resistance : R1 21.035 R2 21.535 R3 21.785
Support : S1 20.910 S2 20.410 S3 20.160
Open : 20.805
High : 21.160
Low : 20.785
Range : 375 Pips
Running Price : 21.045
Strategy : BUY at the level 21.045 stop loss at the level 20.910 target take profit at the level 21.535 or at the level 21.785
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Spot silver:
The short-term trend: Silver hold 20.50/20 region, the market outlook may be repeated again, pay attention to the main resistance 21.40/70, breakthrough is expected to test 22.30/70. Below below 20.50/20, the trend will resume bearing. Expected short-term fluctuations in the 20.50 to 21.80
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If we look the current candle on H4 time frame, we can see that Silver is breaking the resistance level at 20.982. Then, if Silver can also break the trend line, I think Silver has a big opportunity to reach the next resistance level at around 21.428 or even higher.
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aj silver ka trend line acha nahi ha silver down ja raha ha kal ka chart mai hammer dikh raha tha umeed ha next month silver uptrend jae ga boht sa log ka silver mai paisa bahal ho jae ga lihaza next wait karain
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Silver yesterday Chonggao down, but the daily or interval concussion, gold continuous high silver is not high, so the gold's gains no new power, more and more people have been reluctant to chase the high gold silver, so do not want to go, silver in the 21.63 regional important resistance, silver has been the impact of a golden rose within days, we recommended that investors focus on the area resistance 21.63 silver started down again, days of short-term investors the main callback do more.
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analysis for today 3 / 12 / 2014
SILVER
Resistance 3 21,765
Resistance 2 21,515
Resistance 1 21,015
Pivot Point 20,805
Support 1 20,930
Support 2 20,430
Support 3 20,180
BUY STOP 21,015 STOP LOSS 20,930 TAKE PROFIT 21,515 OR 21,765
SELL STOP 20,930 STOP LOSS 21,015 TAKE PROFIT 20,430 OR 20,180
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analysis for today 3 / 13 / 2014
SILVER
Resistance : R1 21.445 R2 21.945 R3 22.195
Support : S1 21.175 S2 20.675 S3 20.425
Open : 21.250
High : 21.425
Low : 21.195
Range : 230 Pips
Running Price : 21.350
Strategy : BUY at the level 21.350 stop loss at the level 21.175 target take profit at the level 21.945 or at the level 22.195
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Spot silver: yesterday is a shock upward trend, the daily income in line. From 4 hours of view, moving average systems are obvious signs of decline u-turn. To the 0 shaft below the cross to the divergence in the MACD index of the column to increase speed line, red. RSI index in 50 near the line, the short term there is no clear direction indicator. Overall, spot silver rose strongly desire not gold, but must pay attention to its lag rebound. And the pressure at the top of the strong. Future should pay attention to the price breakthrough on the supporting position, and focus on the trend of changes in the average.
Focusing on a silver market callback to 21,02 dollars, consider buying, stop $20,85, $21,16 $21,30 target,, $21,45.
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pair- silver
chart analysis time frame- m30
the price down movement is hold at the support 20.65 level and now moving up. this is break the resistance at the 21.00 and other is 21.35 level but having other one at the daily resistance level 21.50. if this is also break then price will be up and will moved to the 23.00 level. hold the long trade with stop loss at 20.50
good luck.