Silver

Maybe it's time for a deeper correction now, after the divergence bar up there today. So far this thing hasn't stopped going up .. let's just see what it's going to be! Weekly chart definitely looks very good and it seems we are in the middle of a move upwards. It might get interrupted while it's moving but I think this will stay a long for quite some time.

I just exited my position.. entry was at 14,53 and exit at 16,74 .. pretty good profit.
The uptrend is probably going to continue much further, but this "up-sequence" is over for now I believe. We'll see... will definitely keep an eye on it for the next entry upwards.

Nice short dude it's 18.40 now )) Interest rates on dollar would not

be changed at least till 2012, you can short all you want, but Silver

going to hit $30/oz by then.

Good luck.

Today's Technical Analysis for: SILVER

According to D1 time Frame, it seems to be
Today Market Trend is : Bullish


Resistance Level are:-

1> Resistance Level is : 15.95
2> Resistance Level is : 16.10
3> Resistance Level is : 16.18

Supporting Level are:-

1> Supporting Level is : 15.56
2> Supporting Level is : 15.46
3> Supporting Level is : 15.38

The daily chart shows that price is backtesting the lower line of the large (previously broken) flag. As long as price is below, rallies should be sold.

Silver is not onlt at 70% below its all time highs as Jim Rogers recently reminded us , it is also believed to become extinct by 2020 and not only (unlike gold ) that it is an industrial metal that's used in practically all electronics ...smart people like jim rogers and Robert Kiyosaki do not miss an occasion to recommend silver

If Silver can break past $30.50 I believe you will see it fly to $32 this time.

It's rallied since hitting the $26.50 support a couple of weeks back and has gained momentum from more FED printing and Egypt Chaos, Silver is certainly one to watch, if you got in around the $26.50 level you've done a good 400 points in the last couple of weeks.

I would also suggest looking a the mining firms, you have more points to be gained from these, SLW, ABX and NEM all worth a look, they tend to move with Silver and Gold but you will get double the amount of points / pips. (not a recommendation).

Physical gold also worth a buy, but this is more for long term investing as you pay a premium when you buy it (20% in the UK) which takes out any short term profit but long term a good investment.

The following video is good to explain:

I would like to trade both gold and silver, and looking for brokers that provide spot mini-gold and silver. Do you know of any?

Many Forex brokers do offer spot mini-gold and mini-silver trading. Just google for "Forex brokers gold trading" and you'll find plenty of them (you'll have to choose depending on your payment/regulation preferences).

Silver and gold prices fell for the second straight session today on sustained selling by stockists, amid a weakening global trend. While silver fell further by Rs 1,400 to Rs 68,600 per kg, gold lost Rs 25 to Rs 22,195 per 10 grams.
Silver coins followed suit and plunged by Rs 1,500 to Rs 74,500 for buying and Rs 75,500 for selling of 100 pieces.
Traders said continued offloading by stockists on the back of weakening global trend mainly led to the fall in silver and gold prices.
In global global markets, gold declined by 0.01% to USD 1,506.90 an ounce and silver fell by 0.24% to USD 45.49 an ounce.
Besides, fall in domestic demand at existing high levels also dampened trading sentiments.