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The high volatility in the financial markets including forex and stocks will probably continue to positively affect gold and silver. The economic slowdown in the US as seen in its recent trade balance report and the low growth rate of US GDP in Q2 2011 is likely to keep the uncertainly in the financial markets and the trade volume high
Technical analysis of the SILVER
According to D1 time Frame,
Today Market Trend seems to be : BEARISH
Today Resistance level is:
1> Resistance level is: 15.42
2> Resistance level is: 15.48
3> Resistance level is: 15.52
Today supporting level is:
1> Supporting level is : 15.21
2> Supporting level is : 15.11
3> Supporting level is : 15.02
Pair is silver
Today's my technical analysis of silver
Market trend is bearish.
1 RESISTANCE LEVEL IS =15.41
2 RESISTANCE level is =15.55
3 RESISTANCE level is =15.65
1 supporting level is =15.13
2 supporting level is =14.96
3 supporting level is =14.86
silver sharply fell during the week (so far) and may continue to do so as the confidence in the financial markets are regained; this change is reflected not only in the bullion market,
Now since from last two days it has fallen almost 900 pips and wiped out many accounts, now i have deposited $50 to my account to hold my running trades and avoid MC, don't know when it stops falling and revert back towards up.
silver
price 15.28
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 15.40
2-Resistance level = 15.50
3-Resistance level = 15.60
1-Support level = 15.20
2-Support level = 15.10
3-Support level = 15.00
Technical analysis of the SILVER
According to D1 time Frame,
Today Market Trend seems to be : BEARISH
Today Resistance level is:
1> Resistance level is: 15.42
2> Resistance level is: 15.48
3> Resistance level is: 15.52
Today supporting level is:
1> Supporting level is : 15.21
2> Supporting level is : 15.11
3> Supporting level is : 15.02
Today the market is close and it will open on Monday
So by checking the all routine of the chart I think that tomorrow the market of silver will move in down way so I suggested that tomorrow we should choose the option of sell for trading.
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend.
My all best wishes are with you.
Please don't forget to thank my post.
Thanks for reading my post.
Today's market technical analysis for silver
price 15.26
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 15.40
2-Resistance level = 15.48
3-Resistance level = 15.60
1-Support level = 15.16
2-Support level = 15.04
3-Support level = 14.94
Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and
other then used supports and residences , who help him to make his stretigy .
Silver
Resistance and Supporting levels is :
Moving Average:Bullish
Current price is :15.285
Resistance level is
1> Resistance level is:15.315
2> Resistance level is: 15.342
3> Resistance level is: 15.374
Supporting level is
1> Supporting level is: 15.243
2> Supporting level is: 15.213
3> Supporting level is: 15.182