💚 silver broken the 86200 level, now this level act as a resistance. 💚 Further there is support area near 78100 Price is also coming to trendline support+horizontal line support.
Silverbees been moving silently. Hit ATH. Flagpole is the target. Commodities time. Metals & commodities stocks are doing good.
What a fall in silver.... With unprecedented move in silver last couple of days saw a very good profit booking. Now at TL Supp... Trading channel Marked. Imp Reversal Marked.. Every Bounce is a SELL. Happy Trading Like... Share... Support
Silver was following an upward move with gold and stayed strong until there came some dollar strength-ness, last week gold sold off heavily and thus pushing silver lower towards 29.2 levels, this bearishness may vanish with coming days, as global tension rise due to war situation, and risk off assets like gold and silver may show bullish moves again, if you want...
Above chart of SILVER is self explanatory.... heading towards pivot... need to see what happens If it breaks both over head resistances, then 35$ is Target.
Positives SILVER chart in 4hr looks good for me. It is near Trendline support and also Monthly breakout retest zone. More chances it goes up as per chart and Target may be 30-32$. Negitives If it breaks down, next support is 26$.
The degree and nature of separation in both bands indicates a strong uptrend. Also the price is trading in the positive zone with a RSI of above 50. The price tends to move higher and could test the level of R1-94,489 with a stop out level of S1-89,800. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Silver has a level that is a strong potential support. Personally, I have been waiting for a retest of this level (87580) for quite some time. It is advisable to buy at this level. From here, potential targets appear to be 96400, 100900, 102700, 106500, 120000, and 125000.
Silver is moving in a channel consolidating at the bottom of the channel and trying to go back to the top of the channel.
Support on 31.68 on 20th June will trigger price upwards to 43.35 within or on 20th Oct 2025 marked on the chart 31.68 ( 20th june 2024 ) 43.35 ( 20th Oct 2025 ) Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Silver looks good. Silver Brokeout of Monthly Trendline and Horizontal Resitance also. I will take more silver expecting 35$ and 50$ as Targets if it closes monthly above 30$. Lets see and plan accordingly.
If it sustains above 27.67 or that line ( Red ) then it could pump to the line ( green) or to the price 31.75 marked on the chart 31.75 --- ( 24th June 2024 expected time ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
#Silver has given multi week consolidation breakout on MCX, there is high probability of it going toward that much awaited 6 digits mark very soon. The breakout also looks very health as it has consolidated well enough for quite some time near ATH resistance. RSI has also broken out of a particular triangle pattern and indicating a RSI range shift, which...
Silver had a strong run up till 86k, after which profit booking was seen which brought it down till 83k. Now, pull back of the first wave of profit booking seems complete, which gives another opportunity to take a short trade.
looking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011 Get Ready for Big Move in the Silver Investment and Trading is Subject to market risk. take independent advice before investing or trading into it
Any one who interest to invest in silver ... This is the best time to buy silver as we can see that silver has give a big time breakout above the 26 dollar so its a clear sign that the buyer has come to flow upward price of the silver . . . As you also know that the silver and gold is a good asset class . so wants to beat inflation with minimum risk can go...
SILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)