Thursday, August 9, 2012

Silver Aug 09-2012

Trade Idea Silver Spot Intraday Remain Bulish

Pivot: 27.93
Our Preference: LONG positions above 27.93 with targets @ 28.25 & 28.35.
Alternative scenario: The downside penetration of 27.93 will call for a slide towards 27.75 & 27.55.
Comment: the RSI is above its neutrality area at 50%.
Trend: ST Range; MT Range



This Week You Suggested Trade With : 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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