the pair can close up the up trend line
i see the pair will go to up way to 23.885
so our target buy from 23.685 and our target will 200pips
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Thread: Silver
the pair can close up the up trend line
i see the pair will go to up way to 23.885
so our target buy from 23.685 and our target will 200pips
![]()
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Silver at bay 2310 and stop 2305 an limit 2372 and sell 2375 andstop 2378 and limit 2315
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Hi,
in the chart 1h we can see silver will go to up way in the future
I see silver will go to 25.285
I expect from this analyze that the price will go to up way
so buy from 23.730 to 25.285
good luck
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silver technical analysis by using : average directional movement index
adx : 16.3523
+di : 19.3677
-di : 10.3942
date : 13.05.2013
timeframe : h1
time : 1400
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today i like to buy Silver @ 23.10 to 23.35 range
my stop loss of the day @ 22.96
my half take profit of the day @ 23.67
and half @ 23.92
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Pivot levels today:
R3: 24.74
R2: 24.32
R1: 24.02
PP: 23.60
S1: 23.30
S2: 22.88
S3: 22.58
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 22.88.
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Silver Overview
Candlestick Area 1 5 15 30 1H 5H 1D 1W 1M Interactive Chart
Silver 23.645 -0.013 (-0.05%)
May 13
06:00
08:00
10:00
23.500
23.550
23.600
23.650
23.700
23.750
23.800
23.850
23.900
N
23.645
13/05/2013 08:55
23.593
Last update: 2013-05-13 11:51:56
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SILVER (Spot) intraday: the downside prevails.
Pivot: 23.90
Our preference: SHORT positions below 23.9 with targets @ 23.15 & 22.85.
Alternative scenario: The upside penetration of 23.9 will call for a rebound towards 24.18 & 24.45.
Comment: as long as 23.9 is resistance, likely decline to 23.15.
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Silver pivot levels by using fibonacci pivot indicator.
r3; 24.34
r2: 24.06
r1: 23.89
pivot : 23.61
s1: 23.34
s2: 23.16
s3: 22.89
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ya b forex ka ak hesa ha is ma p trding kar caht ho to ap ko is ma invst tore zayda cahy ho ge forex ak acha kam ha is maboht pasa agr a forex ma is ko tring key to ap ko boht fida hota ha
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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