Silver

The 4 hour chart, silver now stand at 19.62 dollars to support the above, but also in the 100 moving average near $19.74 encountered resistance. On the daily charts, stochastic excessive tension, or callback pressure.
Resistance, 100 day moving average at the first near $20.17, 50 day moving average at $20.48 then in line; support at $19.13, then at the $19 mark.

Today analysis
silver
Trend buy
Support level 1: 14.43
Support level 2: 14.33
Support level 3: 14.23
Resistance level 1: 14.63
Resistance level 2: 14.73
Resistance level 3: 14.83

Silver today prediction strategy
Strong in sell
Stop loss : 14.70 and 14.90
Take profit. : 14.10 and 14.30
Support level : 13.40 and 13.80
Resistance level : 15.20 and 15.40

05-22-2012, 09:33 PM
The metal is currently trading at the neckline of the suggested double top pattern and MACD is biased negatively. Therefore, we hold onto our morning expectations and stability below 28.05 to support the negative outlook



Recommendation : Based on the charts and explanations above our opinion is selling silver around 28.35 and take profit in stages at 27.45 then 26.65; stop loss above 29.30 might be appropriate today

The Silver is still trading and hesitating below the 31.50 resistance level which indicates that the Silver will soon resume its bearish movement we donot see any bullish movement in the near term. According to my chart analysis, I prefer to selling the Silver around 31.50 with targets 30.70, 30.20 then 29.60 and stoploss with four hour candle closing above 31.75

Silver today trend is bullish

Resistance and supporting level is :

1>Resistance level : 14.61
2>Resistance level : 14.72
3>Resistance level : 14.80

1>Support level : 14.45
2>Support level : 14.36
3>Support level : 14.24

Silver today trend is buy

Today Resistance and Supporting level is:

Resistance 1:14.61
Resistance 2:14.59
Resistance 3:14.72


Supporting 1:14.49
Supporting 2:14.40
Supporting 3:14.32

Technical analysis of Silver is bullish today

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:14.60
2> Resistance level is: 14.66
3> Resistance level is: 14.72


Supporting level is

1> Supporting level is: 14.48
2> Supporting level is: 14.42
3> Supporting level is: 14.37

Silver today's technical analysis is Bullish

1. Resistance Level:14.63
2. Resistance Level:14.69
3. Resistance Level: 14.77


1. Supporting Level: 14.47
2. Supporting Level: 14.39
3. Supporting Level: 14.33

Silver Technical analysis:
Resistance
1---Resistance 14.624
2---Resistance 14.637
3---Resistance 14.668
Supporting
1---Support 14.581
2---Support 14.573
3---Support 14.568