Silver

There are many kinds of currency pair and metal in forex market.I mean gold and silver for big traders.Because in gold and silver need huge balance.But if a trader knows forex trade well all elements of forex are profitable.

analysis for today 5 / 20 / 2014

SILVER

Resistance : R1 19.520 R2 20.020 R3 20.270
Support : S1 19.400 S2 18.900 S3 18.650

Open : 19.335
High : 19.650
Low : 19.270
Running Price : 19.320

Strategy : SELL at the level 19.320 stop loss at the level 19.520 target take profit at the level 18.900 or at the level 18.650

Daily analysis for SILVER
Silver flat correction down 19.26, No Pivot Points have been reached.

Elliott 19.69
Closing 19.37
Ex-Low 19.32
Ex-High 19.69

Support 1 19.24
Support 2 19.08
Resistance 1 19.61
Resistance 2 19.84

pair- silver
chart analysis time frame- h4

http://i57.tinypic.com/16jlwk0.jpg

the price is making moving within two setup one is head and shoulder chart pattern and other is ABCD. as the price is falling to the fibo level 78.6 of the wave AB so now up movement can expected. make the long entry with take profit at 20.30 and stop loss at the 18.80
good luck.

analysis for today 5 / 20 / 2014
SILVER

Resistance 3 20.250
Resistance 2 20.000
Resistance 1 19.500
Pivot Point 19.335
Support 1 19.420
Support 2 18.920
Support 3 18.670

BUY STOP 19.500 STOP LOSS 19.420 TAKE PROFIT 20.000
SELL STOP 19.420 STOP LOSS 19.500 TAKE PROFIT 18.920

Daily technical analysis for Silver 21/05/2014
Silver should be subject to more sell off towards 19.33 or 19.29. Corrective upward swings should face resistance around 19.53 area. A break of 19.58 is bullish.

Key Point 19.47
Entry Point 19.36
Trendline 1 19.46
Trendline 2 19.23

Support 1 19.29 Support 2 19.17
Resistance 1 19.50 Resistance 2 19.58

analysis for today 5 / 21 / 2014

SILVER

Resistance : R1 19.580 R2 20.080 R3 20.330
Support : S1 19.215 S2 18.715 S3 18.465

Open : 19.365
High : 19.465
Low : 19.330
Range : 135 Pips
Running Price : 19.385

Strategy : BUY at the level 19.385 stop loss at the level 19.215 target take profit at the level 20.080 or at the level 20.330

i think that i should invest my money in eur/usd than investing in silver

analysis for today 5 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle SILVER on the date 5 / 20 / 2014
OPEN 19.315
HIGH 19.420
LOW 19.200
CLOSED 19.370

The third resistance (R3) 19.420 - ( 19.330 - 19.200 = 0.130 x 2 = 0.260 )= 19.680
The second Resistance (R2) 19.330 + 19.420 - 19.200 = 19.550
First resistance (R1) 19.330 x 2 = 38.660 - 19.200 = 19.460
pivot points 19.420 + 19.200 + 19.370 = 57.990 / 3 = 19.330
Support for the first (S1) 19.330 x 2 = 38.66 - 19.42 = 19.240
Support second (S2) 19.330 - ( 19.420 - 19.200 = 0.220 ) = 19.110
Third Support (S3) 19.200 - ( 19.420 - 19.330 = 0.090 x 2 = 0.180 )= 19.020

silver m abhi down trend hy app ko jab b koi lot open karo tu hamesha sell m open karo ess ki best level sell ki hy, 19.330 or ess ki stop loss level app set karo 19.465 or profit level app 19.240 ya phir 19.135 best rahy gi par koi b lot ho size app money management ky rules sy fix karo.