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hi
we can see in the 1h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 24.210
stochastic refers that the pair will go up
so our target buy from 23.877 and our target will 333pips
Good luck
Thread: Silver
hi
we can see in the 1h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 24.210
stochastic refers that the pair will go up
so our target buy from 23.877 and our target will 333pips
Good luck
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Silver analysis for 08.30.2013 by using pivot indicator.
r3: 25.703
r2: 25.387
r1: 24.848
pivot: 24.532
s1: 23.993
s2: 23.677
s3: 23.138
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how are you
we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 23.055
macd refers that the pair will go down
so our target sell from 23.785 and our target will 742pips
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hi
we can see in the 1w chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 28.150
macd refers that the pair will go up
so our target buy from 23.832 and our target will 4318pips
Good 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.
dear friend i never do trading on silver i like do trade on gold because i think gold is best for trading there for i do trade on gold sorry dear i not any comment on silver because i havce no knowledge about it
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 technical analysis
date : 08.29.2013
time : 12:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 64.34
2) MACD (26,12,9)
value: 0.0609
3) ADX (14)
value: 46.43
4)CCI(14)
value: 105.76
overall trend - strongly bullish.
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Silver price already touched daily support 2 level (23.68) and lower trend line. Now the pair price try to move up ward. I think the price may touch Fibo 100.0 level.
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bahi je abi muyg as ke bary main kuch bi samj ni a rha he ke ye akhr silver he kia cheez. sory main as ke bary main kuch ni kah skta hian..............but buht jald mugy as ka knowldge ho jaiy ga Inshah Allah...............
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today i like to buy silver @ 23.86
my stop loss of the day @ 23.58
half take profit for today @ 24.04
and further half take profit @ 24.22
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Our analysis to Silver is similar as Gold, since their price are highly correlated. An obvious rejection appears at 24.853 resistance level, signaling a short opportunity. But since our bias is bullish ,we will not take this signal. Instead we will look for a Long opportunity. If price then retraced back to 23.597 support level then we will find a Long opportunity.
Current Important Levels :
24.853 - 23.597 - 22.550 - 20.606 - 19.244
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