Daily pivot Fibonacci points: Resistance levels: R1: 23.19 R2: 23.29 R3: 23.47 Support levels: S1: 22.84 S2: 22.74 S3: 22.57
Thread: Silver
Daily pivot Fibonacci points: Resistance levels: R1: 23.19 R2: 23.29 R3: 23.47 Support levels: S1: 22.84 S2: 22.74 S3: 22.57
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The Silver In line 4H There are two consecutive summits
every top of the low of her next summit is
an indication of the low is uncertain,
and I expect his arrival to the support line at
the point of 23.085 and buying at this point
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Update:
The price of the silver shows some slight bullish bias in attempt to move away from the bearish wedge support that appears in the image, while our expected positive scenario continues for today which gets good support from Stochastic positivity. We remind you that breaking 22.80 will stop these expectations and leads to a downside rebound towards mainly 21.00
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Silver analysis for 09.11.2013 by using pivot indicator.
r3: 24.502
r2: 24.123
r1: 23.532
pivot: 23.153
s1: 22.562
s2: 22.183
s3: 21.592
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Silver is still subject to strong pressures gliding alligator-that impede growth, as long as you can safely purchase will only open after a 2 upper fractals 23.16-only have a chance to exit the area 23.40.Alternativny scenario, when resuming the decline and breakdown 22.70-again climbed into the sale.
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Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 24.743
I expect from this analyze that the price will go to up way
so buy from 23.020 to 24.743
good luck
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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.
Silver analysis :
date : 09.11.13
time : 12:00 GMT
time frame : 15 min
current rate : 22.95
high : 23.18
low : 22.73
net change : 0.01%
overall trend : slightly bullish.
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