StocksMarket | Metals | Investment | Trading
  • Blog
  • Blog Archives
    • Opinion 2nd
    • Opinion by Ravi Chandra
  • Tutorials
  • Videos
  • Connect With Us
  • About Us
  • Contact Us
  • Disclaimer
    • Copyright
    • Privacy Policy

Will the down fall of silver end? Or is there more to go?

4/4/2013

6 Comments

 
Picture
Silver has made a top of 65670 six months ago. It has entered into a downward trend during the last week of November & has been falling since then, recently it has broken a very important support of 51000. The question arises now, what is next the move of silver?

If silver stays below 51000 for the next few days, it will try to find support near 48500. The zone from 51000 to 48500 is very important, where silver might dwell for a couple of weeks & move upwards but if it breaks the very crucial level of 48500 it will head for new lows.

6 Comments
sujal
4/4/2013 04:59:18 pm

nice one.. but do you feel it will break downside..?

Reply
sujal
4/4/2013 05:00:13 pm

nice one.. but do you feel price will fall further..?

Reply
Blue Metal Money link
5/4/2013 02:57:04 am

If silver breaks 48500, it will move further down, else it may stabilize.

Reply
Saurab
13/4/2013 04:20:29 am

No doubt, silver can take support of 48500 but still hope silver can break its recent low and continue his downtrend till 46500......let where the market move...

Reply
Dave
15/4/2013 10:29:15 am

I noticed this downward channel on silver as well as gold and their respective miners a few months ago as well. I'm curious about the moving averages seen here and the red and green signal arrows - what triggers their appearance? Otherwise, good work and thanks in advance.

Reply
BlueMetal Money link
15/4/2013 03:56:39 pm

Hi Dave,
You're right about the downward channel on silver, gold & their respective miners. The signals are part of a larger proprietary system. Thank you for the feedback.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    January 2014
    December 2013
    November 2013
    October 2013
    August 2013
    July 2013
    June 2013
    April 2013
    March 2013
    October 2012
    August 2012
    July 2012

    Categories

    All
    Aapl
    American Markets
    Apple
    Apple Computer
    Atlas Cycles
    Bharat Forge
    Bharat Petroluum
    Bpcl
    Candlesticks
    Charts
    Classes
    Commodity
    Currency
    Currency Pair
    Djia
    Forex
    Free Lesson
    How To
    India
    Intu
    Intuit
    Intuit (INTU)
    Investing
    Japanese Candlesticks
    Lessons
    Mrpl
    Neha Gupta
    Resistances
    Silver
    Stock Picks
    Stocks
    Stop Loss
    Supports
    Technical Analysis
    Time Frame
    Today's Picks
    Trading
    Tutorial
    Usa
    Usdinr
    Us Stocks
    Video
    Wag
    Walgreen Co. (WAG)

    RSS Feed

Powered by Create your own unique website with customizable templates.