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sudhannayak
Aug 27, 2020 9:02 AM

Silver Analysis 

Silver Mini FuturesMCX

Description

Om Namah Shivay

Silver analysis is different when compared to Gold. Gold <> Silver. But the last impulse is same for Gold and Silver.

Silver Impulse indicates that it has already reached a level from where it has been retraced back to 61%. The Leg 4 looks reached. And the next Leg will be in the making if the structure is respected.

Possible that silver will target the Leg 3 Top first before deciding downmove or correction.

The finidings are similar to Gold. We expect possible upside movement now. To see exact movement, we need to count the lower degree/ time frame.

There are no recommendations in this analysis. This is just an analysis to find the structre of Silver.

Om Namah Shivay
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