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 February 03, 2016

SILVERH4.png

Overview

Silver price keeps moving within tight track. As long as the price is between 13.65 support and 14.40 resistance around Fibonacci 23.6%, the sideways range will remain dominant in the intraday trading. The price needs to breach one of these levels to detect its next targets clearly on the short-term basis. Importantly, breaking 14.40 resistance will lead to further bullish correction that targets 14.67 followed by 15.30 levels mainly, while breaking 13.65 level will put the price under the main negative pressure again with the first the target at 13.00 and the next one at 12.00.

Expected trading range for today is between 13.80 support and 14.67 resistance.

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