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ganeshbabu6
Nov 17, 2023 4:09 PM

SILVER TREND NOW Short

Silver FuturesCOMEX

Description

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.

IF FOUND USEFUL KINDLY CLICK BOOST ICON & follow me for more updates and trends




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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