Monday, August 27, 2012

SILVER

 Trade Idea SILVER (Spot) intraday: bullish bias above 30.6

Pivot: 30.60
Our Preference: LONG positions above 30.6 with targets @ 31 & 31.4.
Alternative scenario: The downside penetration of 30.6 will call for a slide towards 30.15 & 29.6.
Comment: the RSI lacks downward momentum.


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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