Monday, October 8, 2012

SILVER Oct 08-2012

SILVER (Spot) intraday: the downside prevails.

Pivot: 34.60
Our Preference: SHORT positions below 34.6 with targets @ 33.3 & 33.
Alternative scenario: The upside penetration of 34.6 will call for a rebound towards 35.1 & 35.4.
Comment: the immediate trend remains down and the momentum is strong.


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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