hindzinc , hottt buyyyyy will loike to go long in the counter for 3- 5 % upmove , no brain to be used !!!!! stop below 300 level
Silver
SIlver bear and bullA little more consolidation before the upside may be possible.. over all trend looks Bullish..
ASSUMING TGT..LONG ...
ASSUMING TGT.. ON CHART..
STOPLOSS- 16.060
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Silver Support & ResistanceSilver Support & Resistance Trade within each support and resistance level.
Just the Beginning OUR CURRENT POSITION
GOLD-SHORT-ENTRY-1325 TARGET-1230 STOP LOSS-1385
SILVER-SHORT-ENTRY-16.500 TARGET-14.700 STOP LOSS-17.300( It doesn’t, means that we can't close or even reverse our position in the middle,if we get enough confirmation we can close like we did 3 times previously or even reverse the position if needed)
At the moment of writing this article/idea our full net short position in gold,silver and mining stocks is well justified from the measurement of risk and reward
The precious metals market reversed and declined just as we had been expecting it to,and our current year's profit from our short position further increased but it seems that this is just the beginning,Today's idea will be rather short as our previous thoughts on precious metals sector is well up-to-date
Gold miners moved visibly lower yesterday and it seems that this fact confirms that the pattern remains intact. The implications continue to be bearish
silver in a coil or symmetrical triangleAs shown in the chart, silver is moving in a symmetrical triangle. Simple way to trade it is within the triangle and after breakout on closing basis. For convinience I draw abcd waves. But it doesn't mean exact moving path of the price. But you can take help from it.
[Short] Descending Triangle Formation in Silver
There is formation of descending triangle at 4hr chart. Good oportunity to short if it breaks 16.6 level.
Silver - Base formation for 2018Ping-pong in a range a $15-$18.60 forming a base for Q4 2017 and H1 2018. Wyckoff analysis suggests the rally towards $21-24 by end of H1 2018.
Will Silver shine in next 6 month?Silver can go up to 18$-20$ in next 6-8 month...
Keep investing in silver, it can be your best investment for next year
SILVER dailyBarring that brief move beyond the trendline the prices have not been able to sustain and have moved ina strong descending channel and now we care looking at a 15$ move in Silver Comex as well. AN interesting stage indeed. Lets see how it pans out.
SILVER ready for 16.90Silver - should be positive abv 16.35 for a tgt at 16.90. Keep SL at 16.10 on longs
short at 1249.80 tp-1229.80 stop-1256 profit booking continue , we saw xauusd over sold till Friday so,
silver - a relief rallyfor educational purpose only - buy silver here 40090 with sl 3850 for tgt of 41500
silver - oversold for educational purpose - silver is approaching 16.71 fib level .618 . where a buying opportunity may be seen
SilverGold and Silver go the same way.
Expecting Retracement move or Even a push below the recent lows.
But let the momentum turn in your favour first
SILVER - For Commodity LoversTVC:SILVER
CMP - 17.018
Here, I have drawn the important lines.
Now trade their support, break and retest.
Have a specific strategy of position sizing and stop loss which suits your trading plan .
Personal suggestion - After entering on a signal candle, exit the trade when 2 more candles are formed, the close of it, that is, 2 days.
Note : This is the international price. Enter orders on MCX when you get a signal here.
Thanks.
Silver & Gold Go TogetherAs in Gold, expect an upward reaction from Silver when it reaches the Green Zone
