Silver find solid ground 1/29/2013
Found the price of silver strong support at a roadblock 30.70 yesterday
accompanied y touching this support stochastic entering oversold areas and approach of the index to provide a positive signal intersection
Silver find solid ground 1/29/2013
Found the price of silver strong support at a roadblock 30.70 yesterday
accompanied y touching this support stochastic entering oversold areas and approach of the index to provide a positive signal intersection
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Silver may fall today if it can break 30.97 level. It may go down towards 30.62 and may continue to 30.38 area. However it it rejected by the level, it is possible to go up towards 31.21 and may continue to 31.56
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the price has been break the support leve 31.20 last day and falling more. this will be a signal for more falling but now we can see some retracement to continue making its down movment. silver may be today falling and reach to support level at 30.61
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Silver has just broken through the lower zone of the fractal (support 31.11) followed by 31.00 and the figure is not to become a strong obstacle for the couple opened another sale as building below 31.00 and 30.00 marks revealed the figure, and on the daily chart price is more looks more to the south (there was a breakdown of moving averages).
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silver lagatar niche jaa rha he...ho skta he ye 37.17 tk aane ke baad upr jaayega.i think this time silver break its resistanc level 38.53
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in H4 time frame price moving continue down side after breaking the supporting trend line. now this is making a candlestick pattern signal for short so more falling in the price can see this may be again hold at the 30.50
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Daily analysis for the pair of silver , Pair today rebounded shortly before Resistance 31.35 and is now parked on the strong support at 30.95 and saturated Index propelled RSI expect possible bounce from here in the case of breakage expect down to the levels of 30.70 and rebound, God willing
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when we are trading i find silver to be a bit more interesting i mean more than gold can become that way i know with the silve r in the market then we can become better since there is anly aslight differnce with the gold commodity.
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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 put more negative pressure 1/28/2013
the price of silver continued downward pressure to break the SMA 50 and as happened with gold
the stochastic enters over sold areas to provide some opportunities for a bullish rebound and that,s what make us prefer to sand on the fence
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