Tuesday, August 7, 2012

Silver Aug 6-2012

TRADE IDEA SILVER (Spot) intraday: the bias remains bullish.

Pivot: 27.55
Our Preference: LONG positions above 27.55 with 28.05 & 28.35 as next targets.
Alternative scenario: The downside penetration of 27.55 will call for a slide towards 27.38 & 26.98.
Comment: the RSI lacks downward momentum.




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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