Monday, October 1, 2012

SILVER Oct 1 -2012

SILVER (Spot) intraday: the downside prevails.

Pivot: 34.55
Our Preference: SHORT positions below 34.55 with targets @ 34.15 & 33.9.
Alternative scenario: The upside breakout of 34.55 will open the way to 34.85 & 35.18.
Comment: the upward potential is likely to be limited by the resistance at 34.55.


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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