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Now this is the best time to invest in gold and silver becuse in next few days EU recovery started and than we will see a rise in prices again today i make an investment in gold and hope that i will get positive result. Keep in mind you must make your mind to complete big trade in next two months than this will give you a lot.
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i also open buy order but i did not close till.
silver movement different...
but one thing is sure that is " if you want to enter with buy order for long term then you never book loss..you will earn a lot of pips."
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dear mate i am trying to get market technical over view for SILVER
according to market technical analysis the market have up trend
the market trend is in buy position
expected resistance and support levels
market price ----------15.75
1- Resistance level----------15.82
2- Resistance level----------15.88
3- Resistance level----------15.94
1- Support level-------------15.68
2- Support level-------------15.60
3- Support level-------------15.55
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elieve it or not, these intraday dips are opportunities to build long positions. Intermediary support remains at 30.60/70, followed by 30.20, while resistance is fixed at 33.60/70, followed by 34.30/40 and 35.10 respectively. It is recommended to hold long positions taken yesterday and look to add further longs on dips. It remains possible that another low might form around the 30.20/50 region before the next bull run begins. Trend moves upwards
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Silver in markeet has down trend .crunt rate is 15.685
Open at 15.706 chart can show us -0.16% :& i think
It has 64% buy option now so thanks for it .
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Resistance now looks to have been found at $43.78, the intersection of the 76.4% Fibonacci extension level and an Andrew’s Pitchfork top. A reversal lower from here sees initial support at $42.48
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\Silver also fallen well to the south now the price is consolidating around 31.00 figures are already showing signs of the seller and the horizontal resistance around 31.20 (there was the formation of the top 2 of fractals, which are also significantly higher than the price of moving an alligator is not, at the break of 31.00 will be adding more pieces per sale .\
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If silver break down below the 50 day EMA, we could go looking towards the $15 level, an area that of course has a certain amount of psychological influence based upon it, so I do think that we will eventually see buyers jumping in and pushing towards the $16 level. If we were to break down below the $15 level though, that would be an extraordinarily negative sign, and would have me rethinking the entire situation. Longer-term, I do believe that the $16 level above being broken would be a very bullish sign, and could send this market looking towards the $17 level. A good proxy to figure out where this pair is going to go is to pay attention to the EUR/USD pair. If it rises, typically silver will as well.
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the pair and as we can see from the chart has closed it's daily candle under the level of 40.00 , so , that's mean the down trend is still standing and the pair is heading to 39.50 then 39.30
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Daily analysis for Silver
Silver flat correction up 19.84, lower, new daily low close to first daily support 19.55
Elliott 18.95
Closing 19.71
Ex-Low 19.52
Ex-High 19.81
Support 1 19.55
Support 2 19.39
Resistance 1 19.84
Resistance 2 19.97