Monday, October 29, 2012

SILVER Oct 29-2012

SILVER (Spot) intraday: watch 31.55

Pivot: 32.25
Our preference: SHORT positions below 32.25 with targets @ 31.55 & 31.25.
Alternative scenario: The upside breakout of 32.25 will open the way to 32.5 & 32.85.
Comment: as long as the resistance at 32.25 is not surpassed, the risk of the break below 31.55 remains high.



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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