Technical Analysis for Silver 3-8-2015

Technical Analysis for Silver 3-8-2015

Silver moved last Friday in the average movement of 45 cent, its highest level at 14.99 and the lowest price at 14.54 and closed at 14.71 to Lose Just 2 Cents according to Friday's economic data.

Silver opened today's trading at 14.79 volatile between 14.68 and 14.79 during the Asian session trading at 11 Cents for the poor liquidity in the market range, and in the European session the silver went down to 14.67

Silver moves in a series of down correction waves inside the parallel price channel

It is expected that the silver is heading targeting 14.45 as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 14.50 and 14.29 and 14.05

Resistance levels: 14.95 and 15.19 and 15.40

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Technical Analysis for Silver 30-7-2015

 Technical Analysis for Silver 30-7-2015

Silver moved yesterday in the average movement of 31 cent, its highest level at 14.91 and the lowest price at 14.60 and closed at 14.81 to Gain 13 Cent according to yesterday's economic data.

Silver opened today's trading at 14.80 volatile between 14.74 and 14.85 during the Asian session trading at 11 Cents for the poor liquidity in the market range, and in the European session the silver went down to 14.60

Silver moves in a series of down correction waves inside the parallel price channel

It is expected that the silver is heading targeting 14.50 as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 14.63 and 14.46 and 14.32

Resistance levels: 14.94 and 15.08 and 15.25

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Technical Analysis for Silver 6-7-2015

Technical Analysis for Silver

Silver moved Last Friday in the average movement of 12 cent, its highest level at 15.79 and the lowest price at 15.52 and closed at 15.56 to Gain Just 1 Cent according to negative economic data from USA on Thursday and bank holiday on Friday

Silver opened today's trading at 15.70 to make a Gap with 4 cents After Greeks rejected the terms of the creditors through a yesterday’s referendum.

Silver moves in a series of down correction waves

It is expected that the silver is heading targeting 15.40 as the target on time frame of four hours and till now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 15.45 and 15.35 and 15.18

Resistance levels: 15.72 and 15.89 and 15.99

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Technical Analysis for Silver 1-7-2015

Technical Analysis for Silver 1-7-2015

Silver moved yesterday in the average movement of 39 cent, its highest level at 15.86 and the lowest price at 15.47 and closed at 15.64 to lose 10 cents According to yesterday’s economic data.

Silver opened today's trading at 15.56 and went down to 15.46 in a sudden movement and now is trading around 15.62

Silver moves in a series of down correction waves

The metal achieved our target at 15.55 yesterday.

It is expected that the silver is heading targeting 15.30 as the target on time frame of four hours and till now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 15.45 and 15.26 and 15.06

Resistance levels: 15.84 and 16.04 and 16.23

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Technical Analysis for Silver 29-6-2015

Technical Analysis for Silver 29-6-2015

Silver moved last Friday in the average movement of 39 cent, its highest level at 15.89 and the lowest price at 15.50 and closed at 15.77 to lose 5 cents According to Friday’s economic data.

Silver opened today's trading at 15.93 to make a gap with 16 cents and now the solver went down to trade now around 15.82.

Silver moves in a series of down correction waves after breaking the price channel.

The metal achieved our target at 15.70 last week.

It is expected that the silver is heading targeting 15.55 as the target on time frame of four hours and till now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 15.55 and 15.33 and 15.16

Resistance levels: 15.94 and 16.11 and 16.33

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