silver currently trading near 28.60,,,if you see weekly chart it is near buttom which is set from last of 2010,,so buy at any level but the stop loss is 26 try to buy near 27 and profit target above 30
Thread: Silver
silver currently trading near 28.60,,,if you see weekly chart it is near buttom which is set from last of 2010,,so buy at any level but the stop loss is 26 try to buy near 27 and profit target above 30
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in the trading business the silver is one of the best commoditeis i love trading the reason why i am saying tis is because i know i will have all better results when you will be trading and that way i enjoy trading very well.
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SILVER (Spot) intraday: the bias remains bullish.
Pivot: 28.70
Our preference: LONG positions above 28.7 with targets @ 29.25 & 29.7.
Alternative scenario: The downside breakout of 28.7 will open the way to 28.3 & 27.9.
Comment: silver prices have broken above a declining trend line and are now pulling back. A recovery is more likely, as long as 28.7 isn't broken.
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Silver price approaching level,s retesting referred morning between 29.20
and 29.55 , while the tend is still bearish in place as long as the price below these level
stochastic support positive trading
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Silver analysis by using : moving averages.
time : 12:45 GMT
time frame : 15 min
ema5 :29.15 signal-neutral.
ema10:29.13 signal-sell.
ema20:29.07 signal-sell.
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buy silver at the level 29.06 with targets at 29.50 and 30.00, but in case of breaking the level 28.80, then sell below this level with targets at 28.10 and 27.20
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LWMA indicate a strong uptrend in H1 graph and it will gain the confirmation after breakup 28.93. So we can plan buy above 28.93 and the target would be at 29.14. At other side we can start the selling plan after price passed 28.68.
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SILVER (Spot) intraday: rebound in sight.
Pivot: 28.25
Our preference: LONG positions above 28.25 with 29.2 & 29.7 in sight.
Alternative scenario: The downside penetration of 28.25 will call for 27.9 & 27.45.
Comment: a support base at 28.25 has formed and has allowed for a temporary stabilisation.
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Silver analysis for 02.25.2013 by using : pivot indicator.
r3: 29.53
r2: 29.21
r1: 28.94
pivot : 28.62
s1: 28.35
s2: 28.03
s3: 27.76
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.
whether a trend is strong or not, since the last two days it is trying to pass the value of 32.40 but can not do it .... moving north with more force fromlast few days of the month, but I need to see ... Silver finally found the strength gained
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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