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Thread: Silver

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    Member mirafx05 is an unknown quantity at this point mirafx05's Avatar
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    It is very needed in the mankind.Silver has long been valued as a precious metal, and it is used as an investment, to make ornaments, jewelry, high-value tableware, utensils (hence the term silverware), and currency coins. Today, silver metal is also used in electrical contacts and conductors, in mirrors and in catalysis of chemical reactions. Its compounds are used in photographic film, and dilute silver nitrate solutions and other silver compounds are used as disinfectants and microbiologist (Electrodynamic effect). While many medical antimicrobial uses of silver have been supplanted by antibiotics, further research into clinical potential continues.

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    Senior Member ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab's Avatar
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    The short term trend of the Silver is to the upside. Intraday trading range of the Silver is expected among key support at 29.85 and key resistance at 32.00. Based upon my chart analysis, I prefer to buying the Silver above 30.15 with targets 31.20 then 33.20 and stoploss is below 29.20.

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  5. #641
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    Silver I expect to see more of the Ascension of the metal as long as trading above the existing 38 fib levels at 30.40 and closing below it possible to pay us to re-test support levels at 29.71

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    Good performance of both metals gold and silver since past few days - but among the two silver is looking more strong, and when today it came to correction silver was still able to maintain level and there was more decline in gold, that is enough to impress that silver is going to reap better returns in bull market than gold.

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    Senior Member Emma is on a distinguished road Emma's Avatar
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    As for silver, the price has formed a clear northern trend, silver trading Ichimoku cloud, and the main goal while still a cloud-top-resistance level 32.00.

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    As it rose yesterday, the next target is now headed to 31.30 level. But if silver fall below its daily pivot (30.38), silver may fall back to its support at 30.00

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    Senior Member Emma is on a distinguished road Emma's Avatar
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    Silver has shown very strong growth in the north, the price of the last two days very much increased, while shopping too dangerous, there is a high probability of a southern correction, you can try to catch.

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  15. #636
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    Soon if silver break the 30.00 level, it will continue to rise towards 30.35. However fall below the daily pivot (29.65) will bring silver down to 29.35 level

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    Silver over the past few days has shown strong growth, now painted MASD divergence + signal to sell if the price will overcome 29.25 support level, we can expect a reduction of 28.85.
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    Silver keep on the bullish track, and now it will be to go to the next target at 30.00. But if silver is fall below its daily pivot (29.15), then it may go down to touch MA100 at 28.6x. Overall, I still hold bullish for 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.


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