SubscribeSilver can give a good point of call for sale, the price went up to 32.50 strong resistance from him already occurred south reversal, as stochastics gave a sell signal, still very short - for a maximum of 32.55 days.
Thread: Silver
Silver can give a good point of call for sale, the price went up to 32.50 strong resistance from him already occurred south reversal, as stochastics gave a sell signal, still very short - for a maximum of 32.55 days.
The trading range for today is expected among the key support at 31.00 and key resistance at 33.30.
The short-term trend is to the upside with steady weekly closing above 26.00 targeting 50.00.
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Silver can not go past the 32.65 resistance yesterday, but the bullish structure for retrogression hold 31.50. Support is at 30.60 and continued until prices settle above this level would lead to higher.
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The trading range for today is expected among the key support at 31.50 and key resistance at 33.50.
The short-term trend is to the upside with steady weekly closing above 26.00 targeting 50.00.
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.
Begin the price of the silver trading near the pivotal resistance of 32.45 which is the first requirement to continually enhance our expectations rise of today
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.
The trading range for today is expected among the key support at 31.50 and key resistance at 33.50.
The short-term trend is to the upside with steady weekly closing above 26.00 targeting 50.00.
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 has been able to hold above key support. Break down of long-term trendline support long sideways movement. Long-term horizontal resistance at 37.48.
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.
HI,Yes today it raised again, But there are some chances for silver also to fall when USD start getting sterngth, Gold also fall when USD start arsing.Yesterday morning i also bough silver but ut didn't reached my target but able to cross above the 37 levels and i closed with few pips of profit, Not able to understand silver movement.
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Silver perfect retreat from the SMU 200 moving, the price went to the strong resistance level of 32.37 which started south correction, I'll consider buying only at strengthening up 32.37, or upon completion of the corrective movement (above 31.75).
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Elliott: flat correction up 32.37
Current rise seems to be over near 32.12 or 32.47 for a retracement towards 31.77 - 31.53 area.
Warning: Imminent end of bullish move
Technical points
Key point 32.3000
Entry point 31.7400
Elliott 30.6600
Closing 31.9900
Projection 32.6700
Trendline 31.0800
Trendline 31.4900
Supports / Resistances
Res 2 32.9600
Ex-High 32.2600
Res 1 32.4700
Pivot 31.7700
Sup 1 31.2900
Ex-Low 31.0800
Sup 2 30.5900
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