{"id":20009,"date":"2011-03-09T07:59:07","date_gmt":"2011-03-09T12:59:07","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20009"},"modified":"2011-03-09T07:59:07","modified_gmt":"2011-03-09T12:59:07","slug":"silver-silver-succumbs-to-profit-booking-in-asian-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/09\/silver-silver-succumbs-to-profit-booking-in-asian-session\/","title":{"rendered":"Silver: Silver succumbs to profit-booking in Asian session"},"content":{"rendered":"

By GCI Forex Research<\/strong><\/p>\n

\n

\"\"<\/a><\/p>\n

Silver prices rose 0.45% to USD 36.03 per ounce during the 24 hours ending 23:00GMT.<\/p>\n

In the Asian session at 4:00GMT, silver is trading at USD 35.94 per ounce, 0.25% lower, from 23:00GMT.<\/p>\n

The first level of short term resistance on the upside is at 36.43, followed by 36.93. The pair is expected to find support at 35.55, with the subsequent support level at 35.17.<\/p>\n

The pair is showing convergence with its 20 Hr and 50 Hr moving averages.<\/p>\n

Forex Daily Market Commentary<\/strong><\/em> provided by<\/em><\/strong> GCI Financial Ltd<\/strong><\/a>.<\/strong><\/span><\/p>\n

GCI Financial Ltd (\u201dGCI\u201d) is a regulated securities and commodities trading firm, specializing in online Foreign Exchange (\u201dForex\u201d) brokerage. GCI executes billions of dollars per month in foreign exchange transactions alone. In addition to Forex, GCI is a primary market maker in Contracts for Difference (\u201dCFDs\u201d) on shares, indices and futures, and offers one of the fastest growing online CFD trading services. GCI has over 10,000 clients worldwide, including individual traders, institutions, and money managers. GCI provides an advanced, secure, and comprehensive online trading system. Client funds are insured and held in a separate customer account. In addition, GCI Financial Ltd maintains Net Capital in excess of minimum regulatory requirements.<\/p>\n

DISCLAIMER: GCI\u2019s Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be U.S.ed as investment advice. GCI assumes no responsibility or liability from gains or losses incurred by the information herein contained.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Silver prices rose 0.45% to USD 36.03 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.94 per ounce, 0.25% lower, from 23:00GMT.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20009","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20009"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}