Monday, November 29, 2010

Silver




If we look at the picture above, you will see that all he did the price of silver yesterday was the contact with the key support level of the upward trend also shows photo, also did not see any closure of four hours under the 24.00 level and these facts make us believe that the upward trend is still likely. But more important for the stability and the closure of four hours over the 24.95 to cancel the effect of saturation in the procurement stochastic and his attempt to turn negative.
The trading range for today is among the key support level of 23.95 resistance 25.55
The short term trend upward toward the top and at the level of the target firm-level 28.15 16.20



Support 24.85 24.70 24.66 24.50 24.45

 
Resistance 25.15 25.25 25.44 25.55 25.70

Recommendations Based on the above chart we believe that the purchase of silver, about 24.70 and 25.55 when the profit and stop loss to close four hours under 24.00 may be appropriate.

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