Silver up again fall has appreciated 3 fractals alligator moving in the area, and the pair of them went broke Southern Rolling, Stochastic also filed southern light, make a deal with the trend.
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Silver up again fall has appreciated 3 fractals alligator moving in the area, and the pair of them went broke Southern Rolling, Stochastic also filed southern light, make a deal with the trend.
Elliott: flat correction down 32.56
There is bearish potential for a fall to 32.57 while 32.93 - 33.04 resist. After this fall a recovery up to 33.04 or 33.16 is expected.
Warning: Low Zone - Engulfing pattern
Technical points
Key point 32.5800
Entry point 32.9400
Elliott 33.3000
Closing 32.7900
Projection 32.5600
Trendline 33.0300
Trendline 33.0300
Supports / Resistances
Res 2 33.5200
Ex-High 33.3000
Res 1 33.1600
Pivot 32.9300
Sup 1 32.5700
Ex-Low 32.7100
Sup 2 32.3500
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The short term trend of the Silver is to the upside. Intraday trading range of the Silver is expected among key support at 31.90 and key resistance at 34.20. Based upon my chart analysis, I prefer to stay aside from the Silver until we get a confirm setup for the upcoming big move.
Silver technical analysis for 19.10.2012 by using : Auto pivot indicator.
resistance 3:33.73
resistance 2:33.50
resistance 1:33.14
pivot point :32.91
support 1:32.55
support 2:32.32
support 3:31.96
Silver.'s My position and went with the trend, and the couple did today at least once a week, similar to the general trend of the market formed by the growth of the dollar, notably that of silver is not over and the buyer the price could go even lower, to start thinking about buying level 32.00 \ this is the closest a strong level.
Silver Next Week
Elliott: extension wave down 31.63
It may meet resistance in 32.10 - 32.48 zone for a drift down to 31.56 zone, after which bounce to 33.01 is anticipated.
Warning: Imminent end of bearish move
Technical points
Key point 31.5300
Entry point 32.1000
Elliott 35.3800
Closing 32.1000
Projection 30.8500
Trendline 33.2700
Trendline 32.3900
Supports / Resistances
Res 2 33.9200
Ex-High 33.3900
Res 1 33.0100
Pivot 32.4800
Sup 1 31.5600
Ex-Low 31.9400
Sup 2 31.0300
SILVER
BUY above = 33.13 UPPER TARGET = 33.20
SELL below = 33.00 LOWER TARGET = 32.91
Silver as a comodity has so much weight in the making money ,i mean silver is more expencisive than any other commodity in the market if you want to gain good and much money in the market the trade silver.
Silver 22 Oktober 2012
Elliott: resistance in an elongated correction 32.39
Market should not go lower than 31.53. After this move down it should go up to 32.68 area.
Warning: Imminent end of bearish move
Technical points
Key point 31.8500
Entry point 32.2800
Elliott 33.3000
Closing 32.1000
Projection 31.6500
Trendline 32.9000
Trendline 32.5000
Supports / Resistances
Res 2 33.2600
Ex-High 32.9000
Res 1 32.6800
Pivot 32.3100
Sup 1 31.7300
Ex-Low 31.9400
Sup 2 31.3600