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 October 28, 2015

SILVERH4.png

Overview

Silver price continues to fluctuate near 15.85. The price confines within a symmetrical triangle pattern that appears in the chart therefore breaching the resistance level of this pattern at 16.05 will provide a continuation of a bullish trend on a short-term basis. Its next targets is seen at 16.85. We observe an attempt to approach the mentioned resistance level at 16.05, supported by the positive signal that came from stochastic, keeping positive expectations valid for today. It reminds you that breaching the mentioned level will support the expectations of rising towards 16.85. Therefore, we keep preferring the bullish trend in upcoming sessions conditioned by holding above the level of 15.40.

Expected trading range for today is seen between support at 15.40 and resistance at 16.30.

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