Tuesday, October 9, 2012

SILVER Oct 09-2012

SILVER (Spot) intraday: further advance.

Pivot: 33.75
Our Preference: LONG positions above 33.75 with 34.3 & 34.5 as next targets.
Alternative scenario: The downside penetration of 33.75 will call for a slide towards 33.3 & 33.
Comment: the RSI is above its neutrality area at 50%.


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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