Gold is Bullish. They want to distract you with the "fools gold" (crypto) while they buy the real gold (XAUUSD). They'll tell you to sell when they're buying - just as the banks have been with Gold. Stay Classy and enjoy the new Bull Cycle. (Physical Gold is preferred imo) Check RSI on 3Month chart as well ;) Not financial Advice
Hello Traders, Hope you all are doing good!! I expect SILVER to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Analysing the H1 time frame i spotted the raising trend channel where i expect the breakout of the channel below the boundary, but till then the channel is active, you should wait for the breakout then sell at retest area, if you are willing to buy, you can look for confirmation using 5M, 15M TM for trading pull back.
Analysing Daily timeframe, i spotted that the silver traded within the raising trend channel and have reached its resistance, soon the price will reverse to the downside, you can use the FIB numbers to identify next supports as i consider the horizontal key support with rectangle drawing. Note: All ideas forecasts are my personal views on the market, I share...
52-Week High 27.500 14 Day RSI at 80% 25.112 Pivot Point 3rd Level Resistance 24.219 23.890 3-10 Day MACD Oscillator Stalls Pivot Point 2nd Level Resistance 23.719 23.642 61.8% Retracement from the 52 Week Low Pivot Point 1st Resistance Point 23.379 High 23.220 High 1-Month High 23.220 13-Week High 23.220 Last 23.038s Last 14 Day RSI at...
Intraday Silver Long (30 Nov) RSI- 72 Buy at CMP- 63250 or at 63100 SL- 62740 Target- 63830, 64200 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Intraday Silver Short (28 Nov) RSI- 47 Sell at CMP- 61650 SL- 62070 Target- 61185, 60920 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Intraday Silver Short (23 Nov) RSI- 47 Sell at CMP- 61450 SL- 61690 Target- 60850 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver was uptrending in previous weeks but it has faced rejection at crucial levels and currently there is breakdown of support in silver with RSI below 60 levels. Silver is kind of swing instrument which means it will swing between resistance and supports and as a trader we should sell at resistance and buy at support. Silver is trading below 5 EMA with RSI...
Midterm forecast: While the price is above the support 17.520, resumption of uptrend is expected. We make sure when the resistance at 22.417 breaks. If the support at 17.520 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is...
Silver Short (18 Nov) RSI- 36 Sell at CMP- 61100 SL- 61590 Target- 60735, 60465 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
TVC:DXY Finally confirms it's Bearish Reversal By Breaking down the prolong Uptrend. Now we can expect long term downtrend in DOLLAR to Resume. It's Highly Bullish for Stocks, Commodities, Precious Metals, Paired Currencies and Cryptocurrencies.
Silver Short (17 Nov) RSI- 43 Sell at CMP- 61550 SL- 61800 Target- 61210, 60980 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver Long (16 Nov) RSI- 74 Buy at CMP- 62420 or at 62330 SL- 62035 Target- 62850, 63020 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
On Weekly Basis: Silver completed its 50% correction from USD 26 to 18. There are several resistance pivots at 22.15 on weekly charts. Wave A, B, C and D is over in Silver and Wave E should resume anytime now. Short sell is a good choice at 22 level with a target of 14 which becomes a strong buy from long term point of view. 200 DMA is also at 21.45 where price...
Midterm forecast: While the price is above the support 17.520, beginning of uptrend is expected. We make sure when the resistance at 21.200 breaks. If the support at 17.520 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Gold revert from our target-1 level 1620 spot levels. It seems in good momentum, so it may test 51350 and 51750 soon on upper side. can long near 50930 with stop loss 50250