NTGOLD - NEWS

Live Rates Powered By:

AUDUSD

NZDUSD

EURUSD

GBPUSD

USDJPY

USDCAD

ការព្យាករណ៍ប្រាក់ថ្ងៃទី 21ខែ 01

2012-01-20 11:05:56

Silver

Midday Report

Silver still attempts to breach the level of 30.85, but so far the metal didn’t breach this level. We still expect an upside move, but the overbought signs seen on Stochastic could trigger heavy fluctuations and maybe downside corrections, before completing the formation of the suggested CD leg.

The trading range for today is among the key support at 28.10 and key resistance now at 32.75.

The short-term trend is to the downside with steady weekly closing below 48.50 targeting 26.65.

**New York Candlesticks**

Morning Report

Weekly Report

Support	30.50	30.30	29.90	29.5	28.85

Resistance	30.85	31.00	31.30	31.60	32.10

Recommendation	Based on the charts and explanations above, our opinion is buying silver above 29.90, and take profit in stages at (30.85 and 32.10) and stop loss with 4-hour closing below 28.85 might be appropriate

Related news

TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
5,353.00	4,933.00
1oz ABC Bullion Cast Bar
4,448.00	4,048.00
100g ABC Bullion Bar
14,217.50	12,967.50
1kg ABC Bullion Silver
1,695.50	1,345.50

» Gold's U.S. market share to quadruple? What happens to gold price when that happens – Rick Rule (2024-12-03 06:55:18)

» Wall Street all in on further gains for gold, Main Street grows more bullish for next week’s price action (2024-10-19 10:12:59)

» Gold shines as ultimate safe-haven asset, set to hit $3,000/oz by 2025 – Bank of America (2024-10-19 10:07:32)

» Gold and silver to rally through the end of 2024, copper likely to lag – Prosper’s Scott Bauer (2024-08-15 06:23:01)

» Wall Street experts see gold gaining on renewed recession fears, Main Street bullishness not far behind (2024-08-04 16:15:53)

» Phố Wall chứng kiến đà tăng giá vàng mới vào tuần tới, tâm lý lạc quan của Phố Main tăng lên (2024-07-27 17:29:24)

» Wall Street sees renewed momentum for gold prices next week, Main Street’s bullish sentiment increases (2024-07-27 17:26:59)

» Wall Street is balanced and cautious on gold next week, Main Street remains optimistic about price gains (2024-07-20 08:49:41)

» September rate cut and Trump policies are boosting gold demand – FX Empire’s Ali (2024-07-19 05:12:10)

» Gold price will average $2,500 per ounce in Q4 2024 as bull case remains intact despite sharp gains – JPMorgan (2024-07-18 11:18:51)

» Wall Street sees green lights for gold next week; Main Street jumps back on the bullish bandwagon (2024-07-06 04:25:55)

» Gold and silver price pullback following Friday’s NFP would be buying opportunities – FX Empire’s Lewis (2024-07-05 02:45:04)

» Wall Street will sit on the sidelines next week, Main Street divided on gold’s price prospects (2024-06-29 14:26:23)

» Routine profit-taking pressure in gold, silver Tuesday (2024-05-22 07:27:48)

» Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrained (2024-05-20 19:46:56)

The process of producing gold 1) Metallurgy. 2) Metal working and check. 3) Producing.

Slideshow

© 2011 Copyright By Ngoc Thanh NTGold. All Rights Reserved.
Powered by: Ngoc Thanh NTGold

Online: 88
Today: 2578
Total: 4732355