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Thread: Silver

  1. #553
    Senior Member Pioner3 is on a distinguished road Pioner3's Avatar
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    Silver broke through yesterday, a strong support level of 26.60, but today the rate again rose above this level, the hourly chart's noticed an unconfirmed channel, do not let the price above it and visible at long candlelit upper fiteli, stop above 27.00.
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    Past some sessions silver is making lower high and lower lows that is bearish signal, thing to disappoint is silver is not able to rightly follow gold this time and when gold rises silver do not act that strong but follow well when gold comes down. For that reason gold is still looking safer then silver.

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    Silver now has managed to break the very strong level of support for 26.65 and then continued to fall with great rapidity, and after a small correction to the north of the course begins to fall again, the goal of silver I have about 25.00.

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    Silver continues to trade within a converging triangle at the top of his level of sloping trend is strong, and in support of nizhu 26.65, it is necessary to wait this out of shape, but still I think it would be a breakthrough is the southern border, the tendency now is to strengthen the dollar.
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    buying silver with four-hour closing above 27.10 targeting 27.60 and 28.00. Stop loss below 26.60
    Support 26.70 24.50
    Resistance 27.05 29.00

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    Silver reached the regions of strong resistance and historical if we close below it headed for further decline

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    the june silver future today were kept in arounge of 28.39 and 28.53 per troy ounce

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    The trading range for today is expected among the key support at 25.00 and key resistance at 28.50.
    The short-term trend is to the upside with steady weekly closing above 26.00 targeting 50.00.

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    Silver metal is returned to the rise of the first day of trading today, but began showing weakness after but I expect to see the rise of this metal in the coming days because of the rise of emerging candle yesterday at levels of support for historic

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    silver

    Estimated start SILVER secret to discuss the matter Bana Hain Yeh. The last members of the Ku Carney Salake Karta Hoon Yeh I Swagat.

    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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