Silver now has managed to break the very strong level of support for 26.65 and then continued to fall with great rapidity, and after a small correction to the north of the course begins to fall again, the goal of silver I have about 25.00.
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Silver now has managed to break the very strong level of support for 26.65 and then continued to fall with great rapidity, and after a small correction to the north of the course begins to fall again, the goal of silver I have about 25.00.
Past some sessions silver is making lower high and lower lows that is bearish signal, thing to disappoint is silver is not able to rightly follow gold this time and when gold rises silver do not act that strong but follow well when gold comes down. For that reason gold is still looking safer then silver.
Silver broke through yesterday, a strong support level of 26.60, but today the rate again rose above this level, the hourly chart's noticed an unconfirmed channel, do not let the price above it and visible at long candlelit upper fiteli, stop above 27.00.
Silver is not bad since exploded to the north, yesterday was dominated by negative changes, but today I was thinking about buying, that's just waiting for the price consolidates above the Ichimoku cloud, and then the goal of 28.00.
Yesterday's close of $ 26.35 is the lowest closing since ... 17 November 2010! It should however be borne in mind that the $ 26 level is very strong support for several months, which may inhibit the downward momentum, or even for a short or longer term lead to growth. Closing below $ 26 will provide a strong technical sell signal.
agar aap ke Sat pair table entry or exit point Accha BHI poin of households. AUR BHI Dena result, monthly bhule na. AUR has ido ka Barega humlogo confidence.
---------- Post added at 01:48 PM ---------- Previous post was at 01:32 PM ----------
Silver is not bad, then erupted in the north, yesterday dominated by negative file changes, but today I was thinking of buying, not waiting for the price consolidates above..........
Silver has meyentuh daily pivot (27.22), and is now bouncing up. I think silver will have the potential to rise to the level of 28.16. I chose bullish, for this day.
http://i47.tinypic.com/2m3l0fo.jpg
Last Friday the silver has big movement but silver is still in bearish mode as long as the price move below the 20 Day MA. Its better to wait and watch the metal as i think the silver consolidates near the 20 Day MA. If the price breaks the pivot line 28.01 than a nice signal for bulls.
After a spurt in the north of Silver was able to gain a foothold above the moving average, and higher levels of 27.25, so it has not gone below that level I think there are opportunities for growth, at least to 27.90 ....
Silver on the hourly time frame formed a converging triangle, the price is getting closer and closer fit to the 27.25 support line, if it break the fall of the south, and to think resumes may well be the level of 26.30.