Friday, September 7, 2012

SILVER, Sept 07-2012

 SILVER (Spot) intraday: the downside prevails.

Pivot: 32.55
Our Preference: SHORT positions below 32.55 with 31.9 & 31.6 in sight.
Alternative scenario: The upside penetration of 32.55 will call for 32.8 & 33.
Comment: as long as 32.55 is resistance, look for choppy price action with a bearish 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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