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dzonefx
Moderator
Number of messages : 584
Points : 3428
Date of Entry : 2013-01-29
Year : 48
Residence Country Residence Country : Beograd

Silver

on Fri Dec 01, 2017 9:20 am
SILVER : Under these resistances, a consolidation is likely
Date of analysis 01 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 17.56USD
Support 1 15.8USD
Opinion Mid Term Neutral
Support 2 15.6USD
Resistance 2 17.96USD

STRATEGY
Below 17.56 USD the major trend remains bearish 15.8 USD and then 15.6 USD are in the line of sight. The surpassing of 17.56 USD would cancel this anticipation and favor a recovery toward 17.96 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The cross is under its 50-day moving average located at 16.96. The first support is at 15.8 USD and, in the event of a breach of this level, a continuation of the correction towards 15.6 USD is possible; to the upside, the first resistance is at 17.56 USD, then the strongest level is at 17.96 USD.
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dzonefx
Moderator
Number of messages : 584
Points : 3428
Date of Entry : 2013-01-29
Year : 48
Residence Country Residence Country : Beograd

Re: Silver

on Mon Dec 04, 2017 8:21 am
SILVER : The bearish trend can resume
Date of analysis 04 December 17

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INDICATOR

  • Opinion Short Term Negative
  • Resistance 1 17.18USD
  • Support 1 15.82USD
  • Opinion Mid Term Neutral
  • Support 2 15.37USD
  • Resistance 2 17.41USD


STRATEGY
Below 17.18 USD the major trend remains bearish 15.82 USD and then 15.37 USD are in the line of sight. The surpassing of 17.18 USD would cancel this anticipation and favor a recovery toward 17.41 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The bullish movement seems to have stopped. The cross is under its 50-day moving average located at 16.95. The first support is at 15.82 USD and, in the event of a breach of this level, a continuation of the correction towards 15.37 USD is possible; to the upside, the first resistance is at 17.18 USD, then the strongest level is at 17.41 USD.
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dzonefx
Moderator
Number of messages : 584
Points : 3428
Date of Entry : 2013-01-29
Year : 48
Residence Country Residence Country : Beograd

Re: Silver

on Wed Dec 06, 2017 7:53 am
SILVER : The bearish trend can resume
Date of analysis 06 December 17
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INDICATOR
Opinion Short Term Negative
Resistance 1 17.18USD
Support 1 15.62USD
Opinion Mid Term Bearish
Support 2 15.31USD
Resistance 2 17.49USD

STRATEGY
Below 17.18 USD the major trend remains bearish 15.62 USD and then 15.31 USD are in the line of sight. The surpassing of 17.18 USD would cancel this anticipation and favor a recovery toward 17.49 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.92. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 15.62 USD and the next is at 15.31 USD; the resistances, located at 17.18 USD and at 17.49 USD must be exceeded for the trend to undergo a reversal.
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Yuri
Moderator
Number of messages : 386
Points : 1897
Date of Entry : 2015-06-28
Year : 33

Re: Silver

on Thu Dec 07, 2017 9:12 am
SILVER : Monitor the price reaction on these supports
Date of analysis 07 December 17
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INDICATOR
Opinion Short Term Neutral
Resistance 1 17.18USD
Support 1 15.36USD
Opinion Mid Term Bearish
Support 2 14.99USD
Resistance 2 17.54USD

STRATEGY
Above 15.36 USD a technical rebound is possible toward 17.18 USD. The breaking of 15.36 USD would invalidate this opinion and restart the bearish dynamic toward 14.99 USD and then toward 14.63 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. But be careful because the RSI is oversold, which means that a consolidation is still possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.9. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 15.36 USD and the next is at 14.99 USD; the resistances, located at 17.18 USD and at 17.54 USD must be exceeded for the trend to undergo a reversal.
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ForexSRB
Number of messages : 1603
Points : 3511
Date of Entry : 2014-06-26
Year : 37
http://www.fxsforexsrbijaforum.com/

Re: Silver

on Fri Dec 08, 2017 7:46 am
SILVER : Bearish but oversold
Date of analysis 08 December 17
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INDICATOR
Opinion Short Term Neutral
Resistance 1 16.75USD
Support 1 15.46USD
Opinion Mid Term Bearish
Support 2 15.02USD
Resistance 2 17.18USD

STRATEGY
Above 15.46 USD a technical rebound is possible toward 16.75 USD. The breaking of 15.46 USD would invalidate this opinion and restart the bearish dynamic toward 15.02 USD and then toward 14.59 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. But be careful because the RSI is oversold, which means that a consolidation is still possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.88. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 15.46 USD and the next is at 15.02 USD; the resistances, located at 16.75 USD and at 17.18 USD must be exceeded for the trend to undergo a reversal.
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ForexSRB
Number of messages : 1603
Points : 3511
Date of Entry : 2014-06-26
Year : 37
http://www.fxsforexsrbijaforum.com/

Re: Silver

on Mon Dec 11, 2017 8:54 am
SILVER : Bearish but oversold
Date of analysis 11 December 17
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INDICATOR
Opinion Short Term Neutral
Resistance 1 16.7USD
Support 1 14.81USD
Opinion Mid Term Bearish
Support 2 14.34USD
Resistance 2 17.17USD

STRATEGY
Above 14.81 USD a technical rebound is possible toward 16.7 USD. The breaking of 14.81 USD would invalidate this opinion and restart the bearish dynamic toward 14.34 USD and then toward 13.87 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. But be careful because the RSI is oversold, which means that a consolidation is still possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.86. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 14.81 USD and the next is at 14.34 USD; the resistances, located at 16.7 USD and at 17.17 USD must be exceeded for the trend to undergo a reversal.
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dzonefx
Moderator
Number of messages : 584
Points : 3428
Date of Entry : 2013-01-29
Year : 48
Residence Country Residence Country : Beograd

Re: Silver

on Mon Dec 18, 2017 10:44 am
SILVER : The bearish trend can resume
Date of analysis 18 December 17

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INDICATOR
Opinion Short Term Negative
Resistance 1 17USD
Support 1 14.85USD
Opinion Mid Term Bearish
Support 2 14.31USD
Resistance 2 17.54USD

STRATEGY
Below 17 USD the major trend remains bearish 14.85 USD and then 14.31 USD are in the line of sight. The surpassing of 17 USD would cancel this anticipation and favor a recovery toward 17.54 USD.

SUMMARY
The MACD is negative and lower than its signal line. This configuration is damaging the cross perspectives. The RSI is not yet indicating an oversold situation, so a continuation of the fall is technically possible. At less than 20, the Stochastics are extermely low. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.8. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 14.85 USD and the next is at 14.31 USD; the resistances, located at 17 USD and at 17.54 USD must be exceeded for the trend to undergo a reversal.
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Yuri
Moderator
Number of messages : 386
Points : 1897
Date of Entry : 2015-06-28
Year : 33

Re: Silver

on Mon Dec 25, 2017 9:01 am
SILVER : Wait for a test of the support
Date of analysis 25 December 17
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INDICATOR
Opinion Short Term Positive
Resistance 1 16.88USD
Support 1 15.49USD
Opinion Mid Term Bearish
Support 2 15.14USD
Resistance 2 17.23USD

STRATEGY
Above 15.14 USD the SILVER is heading toward 16.88 USD over the short term. Below 15.14 USD the movement would reverse and then correct toward 14.79 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 15.71 USD the cross has been in a phase of technical recovery towards its 50-day moving average located at 16.69: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 16.88 USD and 17.23 USD. The supports are at 15.49 USD then at 15.14 USD .
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Yuri
Moderator
Number of messages : 386
Points : 1897
Date of Entry : 2015-06-28
Year : 33

Re: Silver

on Wed Mar 14, 2018 10:03 am
Possible pull back on supports
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INDICATOR

  • Opinion Short Term Positive
  • Resistance 1 17.1USD
  • Support 1 15.92USD
  • Opinion Mid Term Bearish
  • Support 2 15.66USD
  • Resistance 2 17.36USD


STRATEGY
Above 15.66 USD the SILVER is heading toward 17.1 USD over the short term. Below 15.66 USD the movement would reverse and then correct toward 15.4 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
Since the recent low at 16.42 USD the cross has been in a phase of technical recovery towards its 50-day moving average located at 16.83: the price reaction on this level will allow us to envisage a continuation of the movement in the medium term. To alleviate this position, we could wait to test the short-term resistances located at 17.1 USD and 17.36 USD. The supports are at 15.92 USD then at 15.66 USD .
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ForexSRB
Number of messages : 1603
Points : 3511
Date of Entry : 2014-06-26
Year : 37
http://www.fxsforexsrbijaforum.com/

Re: Silver

on Thu Mar 15, 2018 10:22 am
Possible pull back on supports
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INDICATOR
Opinion Short Term Positive
Resistance 1 17.13USD
Support 1 15.99USD
Opinion Mid Term Bearish
Support 2 15.65USD
Resistance 2 17.47USD

STRATEGY
Above 15.65 USD the SILVER is heading toward 17.13 USD over the short term. Below 15.65 USD the movement would reverse and then correct toward 15.42 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.82. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 15.99 USD and the next is at 15.65 USD; the resistances, located at 17.13 USD and at 17.47 USD must be exceeded for the trend to undergo a reversal.
avatar
ForexSRB
Number of messages : 1603
Points : 3511
Date of Entry : 2014-06-26
Year : 37
http://www.fxsforexsrbijaforum.com/

Re: Silver

on Fri Mar 16, 2018 11:49 am
Possible pull back on supports
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NDICATOR
Opinion Short Term Positive
Resistance 1 17.11USD
Support 1 16.07USD
Opinion Mid Term Bearish
Support 2 15.78USD
Resistance 2 17.39USD

STRATEGY
Above 15.78 USD the SILVER is heading toward 17.11 USD over the short term. Below 15.78 USD the movement would reverse and then correct toward 12.31 USD.

SUMMARY
The MACD is negative but is situated above its signal line: the trend is changing. Now, the MACD must clear zero for the rise to continue in the coming days. The main indicator of the movement's strength (RSI) shows that the technical situation is quite healthy, as it is not overbought. The Stochastics indicators are not giving any clear signals for the coming days. The volumes traded are more than the average volumes over the last 10 days.

MOVEMENTS AND LEVELS
The cross is oriented to the downside. It is under its 50-day moving average located at 16.8. The 20-day moving average (lower than the 50-day moving average) is maintaining the prices under medium-term sell pressure. Our first support is at 16.07 USD and the next is at 15.78 USD; the resistances, located at 17.11 USD and at 17.39 USD must be exceeded for the trend to undergo a reversal.
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