Apr 242014
 

4XEagleEye Chart

2014.04.24 [ | ] We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (18.992). Another move back above (20.170) could lead us to neutral zone. We will try to sell SILVER from our mentioned resistance levels.

Market Snaphoot 1Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
86%
Reversal Prob.
Oscillator

Bullish Engulfing Pattern

Candle

Bullish

Harmonic

19.611 19.716 19.859 20.070 20.170
19.265 19.092 18.992 18.892 18.792
Hourly Alerts
MA Penetrated 9 hours ago SILVER has closed below 100 SMA. This reflects supply forces victory on short term technical outlook.
Bullish Reversal Pattern 10 hours ago On SILVER hourly chart there is a bullish reversal signal (Bullish Engulfing Pattern). We recommend longing the pair with a stop loss below(Bullish Engulfing Pattern)
MA Penetrated 10 hours ago SILVER has closed above 100 SMA. This should empower bullish short term technical outlook.
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

  10 Responses to “SILVER Technical Analysis Thu, 24 Apr 2014”

  1.  

    Excellent job plz alert us via email with gold and silver perfect analsis short medium and long term plz make perfect

  2.  

    Wow good but tell the exact buy on ? Level and sell on ? Level

    •  

      Hi Abrash,
      We do not give trading strategy here. We give strong levels, break-out points, price power and much other studies to help you decide entry and exit prices under your own strategy.

  3.  

    Need free browsing hints

  4.  

    for the better

  5.  

    We sha only go 4da

  6.  

    No comment

  7.  

    better to better …

  8.  

    Great

  9.  

    Good and Good. i love you

 Leave a Reply

(required)

(required)


+ four = 7