looks like silver is falling in short term and going in correction phase. can go down almost 2% good for shorting in smaller TF.
Our Level Drawn as per Gann Fann and Gann Box working perfectly like Magnet and We are minting Money easily. Keep Go with the trend and Enjoy :) A boost for thanks :)
Gold and Silver have both rallied strongly last week, they are now above the key resistance levels. Silver especially looks much better placed to rally compared to Gold. With the supports close by now there is a good chance that we see a good rally in the bullion.
Enjoy Folk... Every Step and Level Working Perfectly... You Can Thanks me With Boost :)
What a Fantastic Bull Run In Silver MCX. Looking Forward for Profit Booking Near 74000 Levels.. :)
Silver break out upside with big volume with price action. target will be upper trend line & SL willbe just today candle low. Same as Gold.
Gann Box and Gan Fann working perfectly on Silver MCX futures. Now Equites are rising in values and Commodties Loosing in values Let See, How Silver os going to perform in near futre. Expecting price below 70k :)
All level worked perfectly and will work perfectly in future also... Enjoy
WE have seen a dip in silver in last session and now Silver rebound again . Important level and verticle line indicating important pivot reversal point shown on the chart...on every dip there will be buying opportunity. Scalper can do scalping with 100 point EDUCATIONAL
XAG/USD Is approaching a very strong pivot level. This level has been tested several times in the past and as we can see on the chart it has been acting as support and resistance both. With the silver having a very sharp fall it is very likely that this level will act as a support, and there can be mean reversion after the extended fall that we have seen in the commodity.
Attached: COPPER/ SILVER Daily Chart as of 20th June 2023 The Ratio has given a Breakout from a Cup & Handle/ VCP Pattern today Within the Commodity space it appears that Base Metals are doing better than Precious Metals And so this Ratio can head higher to retest the 0.5 Fibo retracement level as the 1st Upside Target (marked on chart with arrow) Technical...
Silver actionable demand and supply zones are marked in the chart above. Generally price may reject from supply zone and price may bounce back from demand zones. In case price breaks out or breaks down the zones then we may see the strong price momentum on either side. Do your research before placing any trade.
Short silver if manages to close below support region. target or next immediate support of silver is marked in the chart.
If silver manages to close below 72733, we may witness a huge fall. expected targets are marked in green line on the chart. which may also act as a support.
Bearish Butterfly In Silver If Breaks 73000 Sell PRZ - 74600/74800 SL - 75001 Target - 73400/73000
Double top formation in silver can be seen in the chart. Short silver below the marked region for the target mentioned. Take entry once 15 minute candle is closed below the region and keep trailing your stoploss according to your risk appetite.
The silver price is getting squeezed in a triangle according to 15 minute time frame. Take entry once triangle is broken on either side for above mentioned targets. Let the 15 minute candle to close for the confirmation of trade.
Hey! you can see that channel pattern following by silver in simple ways. you can understand this channel in simple terms.