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pair- silver
time frame to analysis- m30
http://i57.tinypic.com/2mcswsm.jpg
the up movement of the price is not able to break the resistance 17.05 level and lower side hold at the support 16.85 level. the rsi is toward the overbought level 70. short at the 16.80 with profit target at 16.37 and stop loss at 17.25
good luck
Daily Forecast
Pair: SILVER
Major Trend: Bullish
Time Frame: H1
Reason: Possible market will still go to the fibo 61.8 or 50 around the pivot point at 16 817. After that the market will go to 17,169.
Recommendation: Buy the limit at 16 817
daily forecast
Pair: SILVER
Major Trend: Bullish
Time Frame: H4
Reason: Market has been rejected in the first support at 16 559. Furthermore, the market will go back to retest 17 034
Recommendation: Buy with a target of 17 034
Daily Forecast
Pair: SILVER
Major Trend: Bullish
Time Frame: H1
Reason: Looks market has been rejected at 17 099, and is heading down. Chances market will form a long candle down to the correction gap at 16 831
Recommendation: Sell
pair- silver
time frame to analysis- m30
http://i62.tinypic.com/2196zqt.jpg
the price is open with the positive gap and above the resistance trend line. its moved to the resistance at 17.20 level and may again down side. the rsi is also moving out from the overbought level 70. hold the long entry with stop loss at 16.50
good luck
the bearishness, where this level represents an ascending support level as shown above in pink Look for a break above or below that area to know what direction to trade in MA20 and MA50 cross bullish. Overall, the indicators send contradictive signals.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Gap at 16 730 has been closed perfectly. And the market has formed a reversal pattern, the next point is predicted to lead kepivot daily in 17 050
Recommendation: Buy
pair- silver
time frame to analysis- m30
http://i57.tinypic.com/5mcsbb.jpg
the price has been fill up the gap and moved to the lower support at 16.74 level. the rsi indicator is moving out from the oversold level 30. if the price has been break the resistance at 16.90 level then long with profit target at 17.25 and stop loss at the 16.57
good luck
The price of silver made an attempt to break through the level of 17.10 but was unable to stability above, to test ground support posed by the SMA 50 is now at 16.80, with a note that the stochastic gain positive momentum heading towards the oversold areas, to support the chances of resuming the upward trend again.
silver metal he hai aur esme bahut he jada volatile gold ki tarah hota hai agar esme kaam karne ke liye aapke paas koi system nahi hai to aapko esko use nahi karna chahiye aur market me wait karna chahiye tabhi aap esme achha kar sakenge..
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