Silver Sell 67300-67350 SL 67720 Target - 66800, 66300, 65800
everything explain on chart
Silver finally follows gold while breaking short-term support confluence near $26.30, which in turn drags it towards late January lows. Although oversold RSI on four-hour (4H) chart probes the metal sellers, a sustained break of the key support, coupled with the bearish MACD suggests further downside of the commodity prices. As a result, the $25.50 and the $25.00...
Silver may fall to $22 if breaks $25.90 Just a short term correction.
SILVER CHANNEL BREAKDOWN If further slip, nearest support will be around 67700-66501 in short term, resistance around 71400-72100. ... If you like, just hit the thumbs-up button or comment and share. . Updated on : 27-FEB-2021 12.50 pm Disclaimer: Only for learning purposes.
Another day (week) , same story
What does SILVER's recent history tell us ? No surprises I guess !!
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
sell at 69660 stop loss 69860 Target 68840
possible target 2130 levels, then a slide consolidation this bull run can bring eth to 15800 to 19000 levels
A biased gold lovers analysis.., Last two moves from 50 week moving average resulted in 21 percent and 42 percent returns.., can we expect 84 percent returns from here this time.., taking it to 3200 usd.., I am strongly long.., share your views
POSITIONAL LONG WITH CONFORMATION CLOSING ABOVE (DAILY BASIS) 68686 GO FOR POSITIONAL LONG WITH SL OF 66604 ********VIEW ONLY *********
Although an ascending trend line from March keeps challenging gold sellers, 100-day SMA raise bars for the bull’s entry. Considering the improvement in RSI conditions and upbeat MACD, gold is likely to follow silver’s jump to the highest since August. However, a clear break above the 100-day SMA level near $1,880 becomes necessary for the bulls. It’s worth...