empty
 
 
25.01.2013 10:39 AM
Silver testing backside of trendline. 31.50/60 should remain well supported

This image is no longer relevant

Technical outlook and chart setups:

A daily chart view has been depicted here for a larger swing view. As seen here, the prices broke out of the inner resistance line earlier. The rate rushed through the 32.50 region and is currently back testing the same line which should provide enough support for another bounce higher up. Resistances are now lined up from 33.60/65 through 34.30/40 and 35.10/20 region. It is recommended to initiate fresh long positions at current levels (31.60/65) again for fresh highs. Looking higher from here on.

Trading recommendations:

Go fresh longs from current price levels, stop is at 30.00, target is open (book partial profits at 33.00).

Good Luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback