Tuesday, July 24, 2012

Silver Jul 24-2012

Trade Idea SILVER (Spot) intraday: the bias remains bullish.

Pivot: 26.85
Our Preference: LONG positions above 26.85 with 27.18 & 27.4 as next targets.
Alternative scenario: The downside penetration of 26.85 will call for a slide towards 26.65 & 26.45.
Comment: the RSI is mixed with a bullish bias.

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. Visit Us www.deryworldscorp.web.id
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