Friday, August 3, 2012

Silver Aug 3-2012

Trade IdeaSILVER (Spot) intraday: the downside prevails.

Pivot: 27.38
Our Preference: SHORT positions below 27.38 with 26.98 & 26.8 in sight.
Alternative scenario: The upside penetration of 27.38 will call for a rebound towards 27.8 & 28.05.
Comment: technically, the RSI is below its neutrality area at 50.


Blog Post This Week 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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