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Wednesday, November 28, 2012

Daily Silver Technical Update(NOVEMBER 28,2012)

Silver Daily Technical Analysis and Outlook:

With our target being almost reached, it looks like silver should now continue lower testing the target zone at 33.26-32.76. On the higher end 33.89-34.05 must hold on a closing basis,above which bullish odds might increase.
Happy Trading..


Tuesday, November 27, 2012

Daily Silver Technical Update(NOVEMBER 27,2012)

Silver Daily Technical Analysis and Outlook:

The rally from the recent lows of 30.66 looks mature enough.This rally must end with one more push into the 34.35-34.50 zone, and the next likely event should be nice pullback targeting the 33.26-32.76 zone. October high at 35.38 is important and must hold.
Happy Trading..


Tuesday, November 20, 2012

Daily Silver Technical Update(NOVEMBER 20,2012)

Silver Daily Technical Analysis and Outlook:

Silver is trading towards the higher end of our target zone.Now,it looks like a move towards 33.76 is the next likely outcome provided 32.65-32.50 holds.Support at 32.85.
Happy Trading..


Thursday, November 8, 2012

Daily Silver Technical Update(NOVEMBER 8,2012)

Silver Daily Technical Analysis and Outlook:

A move into the 32.65-33.25 zone is the next likely move provided 31.25-30.96 holds.
Happy Trading..


Monday, November 5, 2012

Daily Silver Technical Update(NOVEMBER 5,2012)

Silver Daily Technical Analysis and Outlook:

The downside move looks to be complete and ready for a retrace higher towards our initial target of 
31.65-31.90. A close below 30.75 would negate this forecast and signal a move towards 30.56-30.26.
Happy Trading.

Friday, November 2, 2012

Daily Silver Technical Update(NOVEMBER 2,2012)

Silver Daily Technical Analysis and Outlook:

A quick view to the market:-Next important support at 30.56-30.26.        
Happy Trading.

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Happy Trading.

Daily Silver Technical Update(NOVEMBER 2,2012)

Silver Daily Technical Analysis and Outlook:




The bounce terminated just as expected testing 32.658 meeting the lower end of our target at 32.65-33.25.Prices must head lower testing the 31.56-31.25 zone.A close above 32.45-32.55 would weaken the forecast and signal higher prices.         
Happy Trading.