Thursday, November 1, 2012

SILVER FIRST NOV 2012


SILVER (Spot) intraday: further upside.

Pivot: 31.75
Our preference: LONG positions above 31.75 with 32.5 & 32.85 in sight.
Alternative scenario: The downside breakout of 31.75 will open the way to 31.55 & 31.25.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.



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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