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Thread: Silver

  1. #7663
    Senior Member ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15 has a reputation beyond repute ah15's Avatar
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    From areas around 28.50, silver slumped heavily and currently around 88.6% correction shown above at 27.45. RSI is within oversold areas and the metal is now trading at the lower Bollinger band. Accordingly, we do not rule out heavy fluctuations for silver and a possible upside correction, yet stability below 27.45 will negate any upside attempts and the metal will resume the decline. Therefore, we remain neutral for now on silver as we maintain our general bearish bias and wait for confirmations for the next move.



    Recommendation : Based on the charts and explanations above, we remain neutral awaiting more confirmations

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  3. #7662
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    It cannot get better than yesterday's intraday movement. 32.00 remains intact and the prices stage a rally just shy by 1-2 cents. As depicted here, a morning star is underway to be formed today. If this count remains true, it can be safely assumed that wave 1 through wave 4 is done and bottom is clearly in place near 30.70/80 levels. Immediate resistance is at 33.60/60 levels, followed by 34.30/40 and 35.00 respectively. Support remains at 32.00 level followed by 30.70 region for now. It is recommended to stay long on positions taken earlier and look to add further on it. Higher from here on.

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  5. #7661
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    Succeeded price of silver broke the resistance level is the side referred to in our last, as it breached the 27.60 level and settled daily and weekly close above it, and this is what will make us stand with the upward trend which we expect to dominate trading on the next targets start at 29.15
    *
    Take into consideration that the breach of 27.35 will return negative pressure on the price again.
    *
    Expected trading range for this week between: Support and resistance 26.35 30.00
    *
    General tendency is expected for this week: bullish

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  7. #7660
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    Silver or XAGUSD on my look till now still to be more bearish - this bearish look strong again after the price can break more down again to the 23.6 fibo (27.86) - if that happen = yes, I see the nice sell till max. TP to near that Low fibo again (26.76). But as long as the price still move above that 23.6 fibo = wait and see here could be better choice first, I see.

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  9. #7659
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    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 .
    Today i discuss about the pair of ---Silver
    My recommendation about this pair is --buy

    After the analysis of residence and supports and its previous movements.
    1= Resistance level is: 15.230
    2= Resistance level is: 15.312
    3= Resistance level is: 15.443

    =======Pivot point is: 15.098

    1= Supporting level is:14.967
    2= Supporting level is : 14.885
    3= Supporting level is : 14.375

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  11. #7658
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    Silver has suddenly gained strength as well breaking out as it targets $16. After months of consolidation, silver is attracting new money buyers ...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  13. #7657
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    Forex Forecast with price level.
    Silver - pair in focus.
    Current Price - 15.372
    main support level - 15.202
    main resistance level - 15.532
    Pair likely to be in Sell today.

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  15. #7656
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    The 4 hour chart, silver now stand at 19.62 dollars to support the above, but also in the 100 moving average near $19.74 encountered resistance. On the daily charts, stochastic excessive tension, or callback pressure.
    Resistance, 100 day moving average at the first near $20.17, 50 day moving average at $20.48 then in line; support at $19.13, then at the $19 mark.

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  17. #7655
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    Fundamentals, focus on the overnight fed interest rate decisions impact on the market. Technically, two average 4 hours figure ****ually go flat, shows that the market for the horizontal shock; inflection point support line and inflection point support were formed, the market is in a narrow space; K line arrangement display market trend and short-term straddle horizontal adjustment of lack of energy; in the pattern of recommended investors cautious wait-and-see. Pay attention to pressure 19.90, 20.20, 19.30 support, 19.00

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  19. #7654
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    Daily (SA148P) updates for Silver

    ////////////Today\\\\\\\\\\\\\\


    Standard Support – Resistance:
    Resistent3: 15.437
    Resistent2: 15.307
    Resistent1: 15.227
    Pivot level: 15.097
    Support 1: 14.967
    Support 2: 1 4.887
    Support 3: 14.757


    --- Trading opinion for the best profitable trade: Open buy---

    I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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