Main Quotes Calendar Forum
flag

FX.co ★ Silver technical levels and trading recommendations for May 6, 2013

parent
Forex Analysis:::2013-05-06T15:26:37

Silver technical levels and trading recommendations for May 6, 2013

Silver technical levels and trading recommendations for May 6, 2013

Overview:

The H4 chart demonstrates that bullish signals opportunity is still expected as long as the metal is trading above 23.90 and according to that, it will open the way towards the resistance level 25.00. Thus, we will get a good opportunity again after closing 4H above this resistance level with 25.50 as the first target. On the contrary, if the metal fails to break this resistance level and keeps its stabilization below it, it will cancel the first scenario.

Resistance and support levels: R3 (25.50) R2 (25.00) R1 (23.90) S1 (23.00) S2 (22.50) S3 (22.00)

Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...