{"id":165,"date":"2011-05-06T11:49:02","date_gmt":"2011-05-06T10:49:02","guid":{"rendered":"http:\/\/www.futurestechs.co.uk\/blog\/?p=165"},"modified":"2011-05-06T11:49:02","modified_gmt":"2011-05-06T10:49:02","slug":"silver-technical-analysis","status":"publish","type":"post","link":"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/06\/silver-technical-analysis\/","title":{"rendered":"Silver Technical Analysis"},"content":{"rendered":"<p><!--[if !mso]>\n\n\n\n<style>\nv:* {behavior:url(#default#VML);}\no:* {behavior:url(#default#VML);}\np:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\nv:textbox {display:none;}\n<\/style>\n\n<![endif]--> <strong><\/strong><\/p>\n<p>This is the hot topic of the moment, with massive moves  seen in recent days. Clive appeared on CNBC on April 27th talking about  the &#8220;Long Legged Doji&#8221; reversal that we&#8217;d seen on the 25th, and how this  might be a &#8220;top in place&#8221; if we subsequently broke $41. You can check  this out on our &#8220;Media&#8221; page here: <a href=\"http:\/\/www.futurestechs.co.uk\/media.html\">http:\/\/www.futurestechs.co.uk\/media.html <\/a><\/p>\n<p>Below is today&#8217;s Commentary to our clients, which makes interesting reading:<\/p>\n<p><strong>From yesterday:<\/strong> <em>&#8220;So we look good for further weakness in the short term targeting 37.565 next. We could even head back to 34.000, the 38.2% retrace of the rally since October 2008&#8217;s low of 8.40!!&#8221; <\/em> <em> <\/em><\/p>\n<p>Erm&#8230;. Wow!!!<\/p>\n<p>34.000 target hit, give or take the odd quarter of a dollar!       What now?<\/p>\n<p><strong>Dip buyers should be buying NOW, looking for $34 to hold<\/strong>, as this is such a big Fibonacci level, but a safer trade would be to wait for a move back through 37.720 as this is our first bold resistance. Even then I would only &#8220;call&#8221; a move to 40.100, where the sellers could return.<\/p>\n<p>Keep a tight stop on any long trades though, because below $34 we&#8217;d look for further liquidation similar to recent sessions, targeting 31.275 next, then 29.110.<\/p>\n<p><strong>Weekly Chart: <\/strong><\/p>\n<p><!--[if !mso]>\n\n\n\n<style>\nv:* {behavior:url(#default#VML);}\no:* {behavior:url(#default#VML);}\np:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\nv:textbox {display:none;}\n<\/style>\n\n<![endif]--><!--[if !ppt]--><!--[endif]--><\/p>\n<div class=\"O\">\n<div style=\"text-align: justify;\"><a href=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/silver0605.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-166\" title=\"silver0605\" src=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/silver0605.jpg\" alt=\"\" width=\"500\" height=\"308\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\nThis is the hot topic of the moment, with massive moves  seen in recent days. Clive appeared on CNBC on April 27th talking about  the &#8220;Long Legged Doji&#8221; reversal that we&#8217;d seen on the 25th, and how this  might be a &#8220;top in place&#8221; if we subsequently broke $41. You can check  this out &#8230;<\/p>\n<p><a class=\"btn-primary entries-readmore\" href=\"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/06\/silver-technical-analysis\/\" title=\"Read more\">Read more<\/a><\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[76,79,112,127,128,183,184,187,235,236,239,240,306,423,424,425,426,674,495],"class_list":["post-165","post","type-post","status-publish","format-standard","hentry","category-technical-analysis","tag-candlestick-analysis","tag-candlestick-charts","tag-clive-lambert","tag-daily-candlestick-charts","tag-daily-chart-analysis","tag-fibonacci-analysis","tag-fibonacci-levels","tag-fibonacci-retracements","tag-futurestech","tag-futurestechs","tag-futuretech","tag-futuretechs","tag-long-legged-doji","tag-silver","tag-silver-charts","tag-silver-fibonacci-analysis","tag-silver-technical-analysis","tag-technical-analysis","tag-technical-analysis-reports"],"_links":{"self":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/comments?post=165"}],"version-history":[{"count":0,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/165\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/media?parent=165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/categories?post=165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/tags?post=165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}