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Silver
Moving Average:Bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:15.29
2> Resistance level is: 15.34
3> Resistance level is: 15.39
Supporting level is
1> Supporting level is: 15.21
2> Supporting level is: 15.18
3> Supporting level is: 15.14
Silver ki market value achi hai aur trade sell bhi acha hai is ka aur is se selling margine increase ho gya hai is me.
Resis:1.7993
Resis:1.7992
Support
1:0.085
2:0.0881
Silver
today trend is: Bearish
Resistance level:
1- Resistance : 15.39
2- Resistance : 15.42
3- Resistance :15.45
Supporting level :
1- Supporting : 15.31
2- Supporting : 15.27
3- Supporting : 15.23
SILVER Today Analysis
Market Trend BEARISH
PIVOT POINT 15.33
Support 1 15.19
Support 2 15.12
Support 3 14.90
Resistance 1 15.40
Resistance 2 15.55
Resistance 3 15.76
Silver responded to the main resistance of the symmetrical triangle formation, while consolidation below 28.60 and 29.05 drives us to hold onto our morning expectations as they are . But we signal that a breach of 29.05 might complete a bullish technical structure and trigger a strong bullish wave.
Silver analysis for 04.02.2013 by using pivot indicator.
r3: 28.79
r2: 28.57
r1: 28.29
pivot: 28.07
s1: 27.79
s2: 27.57
s3: 27.29
Given that a breakout had occurred through the bottom border of the two months ascending channel, it is likely that the currency exchange rate will continue its downward movement during the following trading sessions.
Th silver is trading in a very narrow range below the resistance level 30.30, 30.65 and 30.90. The RSI also shows the negative momentum. Therefore, we expect the Silver continues its bearish movement after completing its consolidation stage. According to my chart analysis, I prefer to selling the Silver around 30.50 with targets 29.75, 29.00 then 28.10 and stoploss is above 31.25.
I am Going to share my analysis of Silver
Resistance and Supporting levels:
Resistance is:15.470
Resistance is: 15.480
Resistance is: 16.10
Support is: 15.4590
Support is:15.460
Support is:15.430
That is my analysis for today and please that's not 100% guarantee that you will be in profit because loss and profit is the part of Forex Business.
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.