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Thread: Silver

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    Member simpleforex68 will become famous soon enough simpleforex68 will become famous soon enough simpleforex68's Avatar
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    Let's have a look at the H1 chart of the pair. As we can see the price is in downtrend because it is below the ichimoku kumo cloud and ema 200. So, i think the price will increase slightly to the kumo cloud and then it will decrease strongly.

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    The MACD histogram is in the negative zone continues to slowly fall thus sends a signal to sell. Stochastic Oscillator is oversold and generates a similar signal. Dirty money is moving dangerously short of its trade with the feet, but we can say that the sample support 28 and a hike the next target 27.20 ..
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    In the short term, I chose to take a sell position, with a target at 28.18 level. After that chance silver will rise.

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    XAG/USD

    XAG/USD for support we have 28.285 and 28.156 next level of rsistence is 28.758 if it breaks will meet 29. The pair at this moment has been moving downprice is trading at the moment below yesterday low. Last time price was at that level had a good reaction i expect this level to hold. Is near 0.618 fibonacci number.
    Today Daily Pivot point for this pair is 28.642

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    Silver moving in an upward trend but is very weak for the most likely to return to land after touching a cloud Como Span

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    In daily chart of the price, there is a Flag Pattern. The price is in the downtrend because it is below the EMA 200 and Ichimoku Kumo Cloud. So, I think the price will break out the pattern and it will be down.

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    Silver is still likely to rise. In my analysis, the possibility of silver will hit 29.06 or higher, today.
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    XAG/USD

    XAG/USD At this moment the pair has been moving abovenext level of rsistence 28.841 if it breaks will meet 2900 For support we have 28.296 and 28.175 Last time price was at that level had a good reaction i expect this level to hold. Is near 0.78 fibonacci number, price is trading at the moment aboveyesterday low.
    Today Daily Pivot point for this pair is 28.691

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    Now this is the best time to invest in gold and silver becuse in next few days EU recovery started and than we will see a rise in prices again today i make an investment in gold and hope that i will get positive result. Keep in mind you must make your mind to complete big trade in next two months than this will give you a lot.

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    Looks like a trend line break bears a special forces-is not given, the silver again, only this time the beginning of growth at that same line, now we see that the price be higher than the mini-level 28.60 and stochastics oversold rozvarachivaetsa around, so that the growth prodolzhaetsa ...

    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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