MCX Silver's Next Target 65200 by the Elliott Wave

Here, I have applied Elliott wave, moving average, volume, and MACD. Wave 4 can be steady or sideways for a while. Overall, silver is in an uptrend. Safe investors can buy silver at wave 4 for the following levels:

Intraday Targets: 62100 - 63300
Positional Targets: 64260 - 65200

At present, moving average and MACD throwing upward signal by crossover. Technically, multiple volume spikes are a great sign of a bullish trend .
Trade closed: target reached: The first target of 62100 has reached.
Comment: All intraday targets touched.


5th wave length only feb range .32 to .61
+1 Reply
sir mam jo bhi ho..yahape elliot wave kaha baan raha hai...wave 1 and 2 ke baad wave 3 ke beech mai itna bada toh chalta hai. but beech mai jo wave bana uska kya...
+1 Reply
freestocktips dotdotbot
@dotdotbot, Please note Wave 3 should be the longest wave, and W3 can NEVER be the shortest impulse wave.
dotdotbot dotdotbot
@freestocktips i know mam....but there are other rules and regulations too.......plz go through those also....give proper knowledge....this graph cant be a elliot wave graph..i m sure.....beause of the waves
+1 Reply
ok..but usa election come some down will come some experts say
Which moving averages have you used?