Silver :Below 40368 ,Problem for Bulls !
19 November 2010
Today Morning ,I had Boldly written that Silver will face Hurdle at
$ 27.16 & 27.43 level.
Never Crossed $27.43 !!
In MCX …Hurdle was at 41058 (Kissed 41290 & Crashed )
-Below 41106 …….Nonstop slide was expected upto 40552–40368 level -
Below 40368,More Panic ??
It may Crack upto 39814-39630 level.
Minor Hurdles :40575-40770
(Now ,40870—41058 will act as Major -HurdleS )
Always Remember :Successful Traders thing in terms of Probabilities .Rather than looking at the ourcome of a single trade by itself ,they view it as merely on outcome among a set of outcomes.They believe that overall their trading strategy will give them an edge ,and allow them to come out ahead if they make enough trades !!
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