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Thursday, January 3, 2013

Daily Silver Technical Forecast(JANUARY 02,2013

Silver Daily Technical Analysis and Outlook:


Silver moved high above our target zone surrounding 30.82-31.14 testing 31.50. Now 31.50 is an important price level to be held. If it is breached then 31.75-32.15 is the next target. However we will retain our bearish outlook on silver until a decisive close above 32.56( a low probability outcome)occurs and look for prices to fall back to 29.76-29.65 at least.
Happy Trading..


3 comments:

  1. This is the best technical analysis blog i have ever read. It always stands out and gives me great clarity. Thank you

    ReplyDelete
  2. Do you offer analysis in gold?

    ReplyDelete
  3. Well gold looks pretty same. Must start to move pretty higher to test 1681-1689.

    ReplyDelete