empty
 
 
17.09.2012 03:03 PM
Silver Consolidates Just Below 35.00 Levels

This image is no longer relevant

 

Technical Outlook and Chart Setups:

There is no change in the structure since last week after bulls took off 34.50 level comfortably. At the moment, prices seem to consolidate just below the 35.00 level with a dogi produced on Friday. We need a clear sell signal on the Daily Charts now before declaring that a reversal/retracement has begun towards 30.00 levels. On the other hand, a clear break of Friday's highs shall target 37.50 level in the upcoming weeks. Intermediary support comes around 32.50 level.

Trading Recommendations:

Flat for now. Preparing to re-enter shorts again.

 

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 $10000 more!
    In January we raffle $10000 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