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Silver

SILVER (XAGUSD) | Best point for sale🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis. In the current analysis, wave 1 is composed of wave probably 5 at higher times, and we are inside wave 2. Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is placed around the Fibonacci 0.38 or the lower side of the triangle. In the current state of wave 5, a microwave is completed, and in the next wave and in the next wave, half of the previous wave is corrected in the first motion of this wave; The completion of this wave can be done with the same correction or it can be completed in the form of two other waves that are formed in the form of sideways in the same range and then the next descent to the lower side of the triangle occurs. But in the next case, the descent will be created without any other side movement. Finally, it should be said: If the fibo is broken or the upper side of the triangle, which is more like a channel, is disappointed with the continuation of the downward movement and the wave count is somewhat different. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
FX_IDC:XAGUSDShort
by mahdisoltaninjad
SILVER MCX : How to make money?IS THIS A GOOD TIME TO BUY OR WAIT FOR MORE CLARITY Silver has a major support @ 61150 One can buy with a Stop loss of this support for 1000 points rally from current level. BUY @ 61540 TGT @ 61850-62250-62800 ======= Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis. Follow the rules, be patient and stock market will definitely reward you... ======= Take care, trade safe !!! Regards Team Moneymarine
MCX:SILVER1!Long
by moneymarine
SILVER SHORT AS WELL AS LONG OPPORTUNITY TILL DECEMBER END ..We have seen the downtrend in silver form June to September . In the month of October we saw a clear break out from the downward sloping trendline (T). Now ,the price may again come for the retest. So We have short entry for now in silver mini till point "D" (WHICH IS ALSO A 400 D EMA LINE RED) We can aim from POINT "A" TO "B" FIRST and then POINT "C" TO "D" again , OR may take a short entry at "A" and close the trade at point "D" ENTRY LEVELS CAN BE AT 64700 (Short entry) TARGET CAN BE 63400 THEN 62600 STOP LOSS CAN BE PLACED AT 65700 ZONE YOU HAVE TO GIVE ATLEAST 2O 25 TRADING SESSIONS FOR THIS ONCE THE PRICE REACHES TO POINT D WE MAY SEE THE CONSOLIDATION,OR PRICE MAY EVEN FALL BELOW D WE HAVE TO DO NOTHING IN TAHT ZONE BUT WAIT FOE THE BULLISH ENTRY FOR A PRETTY GOOD TARGET UPWARDS . I will post the bullish trade later. Thank you . Do ask if you have any query join our free trading community .DM for the link Above analysis is just for education purpose , i am not a sebi register advisor , please consult your financial advisor before taking any financial decisions .
MCX:SILVERM1!Short
by PINANK_SHAH
Technical Analysis: Silver stays en route $23.00Although oversold RSI joined 50% Fibonacci retracement (Fibo.) of September-November upside to challenge the silver bears during the early week, a sustained trading below the 200-SMA and a two-month-old support line hints at the commodity’s weakness. The failure to cross the previous support convergence, now resistance around $24.00, joins bearish MACD signals to direct the bright metal towards a seven-week-old horizontal area surrounding $23.00. However, any further downside will make the quote vulnerable to mark a plunge towards 78.6% Fibo. level near $22.20. On the contrary, a clear run-up beyond the support-turned-resistance near $24.00 should fuel the bids targeting a confluence of October 25-26 swing high and November 19 swing low close to $24.60. During the silver bull’s dominance past $24.60, the $25.00 threshold may act as an intermediate halt before challenging the monthly peak, also the highest since August, surrounding $25.40. To sum up, silver buyers have a long way to retake controls.
OANDA:XAGUSDShort
by MTradingGlobal