Trading Silver With Your Binary Options Broker


Photo: – Judy

Silver is a white and soft metal. It has the highest electrical conductivity. It has been valued as a precious metal and used for making coins, ornamental and jewelry. The metal is closely compared in value with gold. For those who want to invest in this metal, they always ask themselves whether the prices will rise or not. Don’t panic, get the latest price analysis and trade with binary options for the best profit returns as per the capital invested in the platform. The precious metal is ideal for trading at the Binary Options trading platform due to its current price fluctuations.

For the investors, the most crucial fact is that the ultimate value of silver is its purchasing power. So what is the value of the metal currently? There are many ways to determine the value of silver but the most important techniques are the use of market, fundamental and technical analysis. The current selling price is at $21.1950 and with Binary brokers you can place your bid at $21.1700. The price is also open at $21.053 with a high of $21.2190 and a low of $21.04090.

A close analysis of the moving averages, the price change has been evident from 21.0743 to 21.1926 a difference of 0.1183. Currently, the value of the sold silver is at 55.3154 with a purchase margin of 28.4854 according to the technical analysis done as from 7th July 2014 to 10th July 2014. According to the technical report of Friday 4th, silver was doing pretty well and the selling price was at $21 considering that the Americans were celebrating Independence Day. The price of the precious commodity is expected to rise to a preferably higher rate by a margin of $1-$2 and settle at $22.

During the trading session on Tuesday 9th July 2014, the prices of silver went back and forth and settled at a level of $21 .These is a good opportunity for the sellers as the prices of the silver will surely rise and the sellers will have a nice trading time with Binary Options brokers. From the technical and market analysis of the commodity, silver prices are expected to rise to a good level of $21 – $23. Being an investor, it is prudent to trade with binary options trading considering that the fluctuations in price is recorded as from 60 seconds to a day.

Binary Options traders can be extremely profitable trading silver, with the prices of silver that are expected to change due to the following; physical shortages and if the prices are determined out of the United States. Don’t be left out in making investments and visit the Binary Options brokers for a great deal!

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Author: Binary Experts

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