SILVER MCX in the near term 70500 - 70600 are the resistance zone for silver mcx, it has possibly completed wave ii in three wave decline, and now possibly wave iii is unfolding. If our wave counts are going correct then above resistance zone silver can show 79000 plus, where wave iii would be equal to wave i. Currently price is sustaining above RK's stop line and...
Silver is Likely to Behave in Line with Gold. Read my commentary on Gold. Same applies to Silver
Silver mcx looking weak Sell on rise till 67800 -6800 Stop Loss above 68100
Silver is forming a nice H&S and nested H&S IF price breakout of the rectangle at the right shoulder it could go higher
After sideways correction, Recently Silver started new impulse move, and now setup suggests that probably wave a-b-c decline in wave ii is complete, Silver retraced nearly 61.8% of the recent rise, also retested its triangular breakout point and recovered sharply. Once it gives positive close above 0-B trendline (purple resistance trendline) then it confirms that...
TVC:SILVER Silver Shall Touch Or Cross 28$ Per Ounce. Silver looks bullish. Top countries producing silver are affected after Russia Ukraine crisis
Silver’s U-turn from 50-SMA gains support from downbeat RSI, not oversold, to direct the sellers towards a monthly support line of around $24.50. While the MACD conditions hint at the receding bearish bias and suggest a bounce off the stated trend line support, the 200-SMA level surrounding $24.30 acts as a last defense for the bulls. Should the bright metal drop...
Important levels for the day in Silver Mini Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Silver pierced 61.8% Fibonacci retracement (Fibo.) of May-September 2021 downtrend to refresh seven-month high on Tuesday. Following that, an upward sloping trend line from September 2021 challenged the metal’s buyers but couldn’t hold the forte. Also acting as the key hurdle is the overbought RSI conditions suggesting a pullback. Given the quote’s sustained...
INVERTED HEAD AND SHOULDER BREAKOUT EXPECTED. TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Due to the uncertainty in the stock market, Gold and Silver raised to a greater extent. If you are looking for shorting opportunity, then we have to wait for perfect time in which the market reverses. This chart will gives you support and resistance for both long and short term. Disclaimer : Analysis are purely for educational purpose. Do not take any...
Very good Breakout above 64000 retested the breakout.... Likely to resume uptrend... Like... Share... Follow....
Silver fut are on verge of triangle breakout , it would be a multi year breakout If it would be forming W pattern as well. Trade Setup - possible entry, SL and target mentioned on charts Happy Trading
After falling silver has again formed W pattern this W pattern can again bring in some bears Following are the zones where we can expect the entry of bears
After three consecutive weeks of upside, silver had a sober start to the current week as it marked the first negative daily closing in four. However, the latest anti-risk headlines, mainly concerning odds over the Russian invasion of Ukraine, help XAG/USD to refresh its monthly high. Also, the bright metal remains above a 13-day-old support line amid firmer RSI...
Silver Hourly chart forming a diamond pattern nested inside a widening wedge
Silver is side ways expecting movement in coming 2 month by breakout from current resistance line .
Description : Silver is forming a beautiful triangle as lower supports are getting tested whereas upper resistance levels are getting lower as you can see with trendline zone. Support Area : Break of Support at 21-22$ downside will lead to immediate support at 19$. Although Support are has been tested several time it breaks might see free fall. Resistance...