MNA

15/08/2013

13/08/2013

Silver Technical Analysis Report!

We have just updated our opinion on the below instruments (As part of your portfolio).
Please read below.
Updates
Time Title
7:34 AM SILVER (Spot) intraday: further advance.
Technical Analysis

Pivot: 20.60

Our preference: LONG positions above 20.6 with 21.5 & 21.8 as next targets.

Alternative scenario: The downside pe*******on of 20.6 will call for a slide towards 20.3 & 20.

Comment: silver prices are supported by a rising trend line and the 50 moving aveage should contain any downward attempt.

Trend: ST Range; MT Range

Key levels Comment

22.5** Intraday resistance
21.8* Intraday resistance
21.5* Intraday resistance
21.246 Last
20.6** Intraday pivot point
20.3** Intraday support
20** Intraday support

31/12/2012

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31/12/2012

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10/12/2012

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