MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Daily analysis of SILVER for August 13, 2015

SILVERH4.png

Overview

According to the attached H4 chart, Silver price shows a tight range-trading settled near 15.35 since morning, pointing that stochastic gets rid of its negativity and gains positive momentum gradually in the four-hour time frame to support the expectations of resuming the bullish trend for today, which targets the 16.05 level initially.Therefore, we will keep preferring the bullish trend unless breaking the 15.00 level and holding below it. In general, we will continue suggesting the bullish trend in the upcoming period as long as the price is above 15.00 as breaking this level will push the price to visit the key support 14.40 before detecting the next destination clearly. We expect that a trading range is between 15.00 support and 16.05 resistance for today.

The material has been provided by InstaForex Company - www.instaforex.com