Daily Silver Weekly Technical Update and Forecast(12,June 2013)

Silver Daily Technical Analysis and Outlook:

In our recent updates we were looking for a bullish prices,but with the break of 22.20 we reached the lower target which was mentioned in(post). Now our medium term outlook is the same i.e. we are bullish with the low at

Daily Silver Technical Update and Forecast(4 June 2013)

Silver Daily Technical Analysis and Outlook:

We still retain the bullish outlook and think that prices could travel higher testing the 23.45-23.60 area and then the 23.78-24.11 area. 22.20 is an important price level ,a breach of which will negate this bullish possibility. Support at 22.45-22.33.
Happy Trading..

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Daily Silver Technical Update and Forecast(31 May 2013)

Silver Daily Technical Analysis and Outlook:

Silver Price Chart

Prices reached 23.11 (a few cents shy from our target zone which was 23.15-23.34). Now we  think the upward move must continue targeting the zone around 23.45-23.60. However a failure to hold the 22.35-22.20  area would cause the prices to fall and find support at 21.75-21.60. Price support around 22.53-22.45

Happy Trading.

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Daily Silver Technical Update and Forecast(27 May 2013)

Silver Daily Technical Analysis and Outlook:

Silver Price Chart

As of now we think,the odds of silver moving up are high. Until the zone around 22.18-22.30 is breached we can see a move up to 23.15-23.34. However, a breach of this level would neutralize this bullish possibility. And we are working on the weekly report which will be soon posted.

Happy Trading.

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Daily Silver Technical Update and Forecast(23/5/13)

Silver Daily Technical Analysis and Outlook:

Hey guys, there were no updates since April but, anyhow, we hope that our readers weren't caught out on the wrong side of the trade as our most recent update did make a bearish case(although no follow up targets we mentioned). Just stay tuned for the next brief outlook on silver(maybe in a day or so). And,from now on we will be having a MINIMUM of at least one detailed update per week.

PS: We are at a very important long term juncture.

Happy Trading..

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