profit booking continue , we saw xauusd over sold till Friday so,
for educational purpose only - buy silver here 40090 with sl 3850 for tgt of 41500
for educational purpose only - silver buy at 40700 with sl 40480 tgt 41800-42000.
for educational purpose - silver is approaching 16.71 fib level .618 . where a buying opportunity may be seen
for educational purpose - short silver with sl of 44050 tgt 42200
Buy Silver for long term..
Gold 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
TVC: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...
As in Gold, expect an upward reaction from Silver when it reaches the Green Zone
As with Gold so is with Silver. Still no visible Buying Watch the Green Area for Critical Support
Silver Interestingly Poised ? Nicely Holding the Green Area ? Bullish COT Report, Momentum Diverging on W, D & 240 min Charts. With that in the background if the 4 Hour start closing above 16.250, the momentum can take it to 18.350. Again 18.150 is Crucial area, if it is able to SOLIDLY sustain the up-move above 18.250-18.300 area, then medium term Silver is in...
Nothing much to say, as i had said everything in Analysing Gold. same will be true for Silver
Look for Buy Setups in Silver around these two levels Marked in RED
* Bullish Butterfly * Rising trendline * Channel * Support zone
Silver is possibly undergoing a fast three-wave correction that has retraced 50% of the previous cycle advance $17.40-17.50 is potentially a strong support cluster and warrants a look for Long trades