Friday, July 13, 2012

Silver Jul 13 -2012


Trade Idea SILVER (Spot) intraday: up turn.

Pivot: 26.75
Our Preference: LONG positions above 26.75 with 27.55 & 28.05 in sight.
Alternative scenario: The downside breakout of 26.75 will open the way to 26.45 & 26.1.
Comment: the RSI is above its neutrality area at 50%.


Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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