empty
 
 
19.05.2014 11:04 AM
Technical analysis of Silver for May 19, 2014
This image is no longer relevant

Technical outlook and chart setups:

1. Silver is bouncing off ahead of $19.00 levels as seen here. The metal has kept the immediate line of support intact for now. A push above $20.00 and subsequently $20.40 from here would confirm that bulls are back in control and dips could be bought. Recommendation for now is to remain flat.

2. Support is seen at $19.20/19.00 levels, followed by $18.90, $18,75 and lower while resistance is seen at $20.40, followed by $21.70, $22.30 and higher respectively.

3. The structure indicates that Silver needs to break below $19.00 and subsequently below $18.75 levels to confirm bearish reversal. Till then prices would want to push higher.

Trading recommendations:

Remain flat for now.

Good luck!


Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback