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*

Technical analysis of Silver for July 13, 2015

Technical outlook and chart setups:

Silver is trading around the levels of $15.50/60 at the moment after having taken out initial resistance at $15.80/85 as seen on the H4 chart. The metal is expected to retrace lower around $15.20 before rallying further higher towards at least $16.60. It is hence recommended to buy around $15.20 on dips with risk at the level of $14.25. Immediate support is seen at the levels of $14.50/60 followed by $14.30 and lower while resistance is seen at the levels of $16.40/50 followed by $17.20 and higher respectively.

Trading recommendations:

Look to enter long positions again around $15.20/30, stop is at $14.25, a target is open.

Good luck!

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