Silver is a very expensive element. it is used in many country of the world as the medium of exchange. the price of this material is stable like the price of gold.
Silver is a very expensive element. it is used in many country of the world as the medium of exchange. the price of this material is stable like the price of gold.
In the future,this page will contain links to the complete archives of my reviews(click below for the authors last names),but only reviews posted in the last two months will be directly accessible from this page.
he price of silver fluctuating sideways since yesterday with a rising tendency with the opening of trading today to err price towards the pivotal resistance level expected breakout at 34.00
Silver is the usable thing of the world. it found in the market at a bar. it made many using things.from plain silver bangles to silver rings, designer bangles, bracelets, earrings, pendants and silver necklaces including handcrafted jewelry and gemstones.
this article is about the chemical element .for the color ,see silver. for other uses ,see silver .silver is a metallic chemical element with the chemical symbol...
R1 = 33.75
P = 33.53
S1 = 33.25
analysis today if the price is below 33.53 then next target price will test the 33.25 level otherwise if the price above 33.53 then next target at 33.75.
the pair continued volatility lateral control over the trading price of silver since yesterday, as he tries to collect some price upside momentum that is sufficient to penetrate the barrier pivotal resistance 34.00
in the bigger picture silver's up trend is still intact
current rally from 8.4 is treated as resumption of the world rise from.
Silvers is a vary ductile,malleable (slightly harder then gold),monovalent coinage metal,with a brilliant white metallic luster that can take a high degree of police.Thanks admin.
Silver's recovery was limited at 29.825 last week and subsequent break of 28.325 support confirms that whole decline from 31.72 has resumed. As noted before, a short term top should at least be formed at 31.72 on bearish divergence condition in daily MACD. Initial bias is on the downside for 100% projection of 31.275 to 28.325 from 29.825 at 26.875. On the upside, break of 29.825 resistance is needed to indicate that fall fro 31.275 is finished. Otherwise, near term outlook will remain mildly bearish.Originally Posted by bahira
Comex Silver (SI)
Intraday bias in Silver remains neutral for the moment. Note that with 28.81 support intact, there is no confirmation of topping yet and recent rally could still continue. Above 31.72 will target 61.8% projection of 17.735 to 29.34 from 24.98 at 32.152 next. However, note that break of 28.81 support will indicate that a medium term top might be formed on bearish divergence condition in daily MACD and deeper decline would be seen to 55 days EMA (now at 27.522) first.
In the bigger picture, silver's up trend is still intact. Current rally from 8.4 is treated as resumption of the whole rise from 2001 low of 4.01. Silver should target 161.8% projection of 4.01 (2001 low) to 21.44 (2008 high) from 8.4 (2008 low) at 36.6 next. On the downside, break of 24.98 support is needed to be the first signal of medium term reversal. Otherwise, outlook will remain bullish.
In the bigger picture, note that weekly MACD is turning down and might break its signal line soon.
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