Silver daily pivots by using : fibonacci pivot indicator.
r1: 20.58
r2: 20.29
r3: 20.12
pivot : 19.83
s1: 19.55
s2: 19.37
s3: 19.09
Silver daily pivots by using : fibonacci pivot indicator.
r1: 20.58
r2: 20.29
r3: 20.12
pivot : 19.83
s1: 19.55
s2: 19.37
s3: 19.09
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time frame- H1
the price of the silver is hold at the 19.36 level and start to move up side. but it is try to rejected from the 20.15 level. if this is again break the support of 19.35 we can see down movement and price will move to the 19.00. short with the stop loss at 20.60
good luck.
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Silver analysis :
date : 06.24.13
time : 01:30 GMT
time frame : 15 min
current rate : 19.90
high : 20.19
low : 19.88
net change : -0.14%
overall trend : slightly bearish.
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SILVER,H1
Date 2013.06.24
Time 01:00
Open 20.040
High 20.160
Low 20.035
Close 20.155
Volume 417
SMA(5) 20.054
SMA(10) 19.998
SMA(20) 19.910
SMA(50) 20.165
SMA(100) 20.929
SAR 19.872
Indicator window 1
Stoch(5,3,3) 85.2113
Signal 78.5784
Indicator window 2
RSI(14) 58.4417
Indicator window 3
MACD(12,26,9) -0.0013
Signal -0.0579
Indicator window 4
%R(14) -0.9709
based on combination of indicators above,
trend : BULLISH
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http://charts.mql5.com/1/868/silver-...orex-group.png
the pair can not close down the broken up trend line
I see the pair will go to up way to 20.361
stochastic refers that the pair will go up
so our target buy from 20.060 and our target will 301pips
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hi;;;
price:20.060
will buy:22.260
profit:200pips
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I see the pair will go to up way to 20.260
stochastic refers that the pair will go up
so our target buy from 20.060 and our target will 300pips
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.
elliott crucial reversal point it should try higher up to 20.11 - 20.35 entry point 19.88 or 19.74 after this rise a correction is expected
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I see the pair will go to up way to 20.2690
stochastic refers that the pair will go up
so our target buy from 20.060 and our target will 200pips
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.
welcome;;;
price:20.060
sell:19.860
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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.
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