ganeshbabu6

SILVER TREND NOW

Short
ganeshbabu6 Updated   
COMEX_DL:SI1!   Silver Futures
TREND - POSITIVE
But unable to break above weekly downward trend line.
PRESENT ZONE- At SUPPLY ZONE 3.Encountering yearly supply zone.
New 1 hour zone formed.

FORECAST -As per ZONE SUPPLY ZONE 3

If breaks above SUPPLY ZONE 3 will go to 25$.

if breaks below SUPPLY ZONE 3 will target below 1 hour demand zone/weekly zone.




MY TAKE
As lots of supply zones are there requires strong momentum/news.

Probably may go down.

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Comment:
as told going down.

my go till 23.36 till weekly DEMAND ZONE.

next will target 22.81 Day demand zone.
Comment:
reversed up from 23.36 weekly DEMAND ZONE.

now at critical supply zones.
trying to cross monthly downward TL and previous high now.
new 1 hour demand zones formed at 23.66
must cross 24.15 convincingly.
then will target 25
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