GOLD and SILVER have been in a downtrend after a surge in Mar of this year which was a reaction to the Ukraine invasion. A lot of "GOLD is a safe haven " traders may have entered in post the invasion and have been stuck for over 6 months as the metal moved down over 21%. Of course the continuous downmove since then may have forced a lot of exits. We can now see...
Gold is showing positive divergence on chart. so, it may bounce from here up to 1717-1727 level. It is also trading in downward parallel channel so correction also come from 1717-27 up to 1621,1560
Carry forward Silver Short (07 Nov) RSI- 70 RSI divergence Sell at CMP- 60890 SL- 61275 Target- 60160, 59700 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver long (02 Nov) RSI- 69 Buy at CMP- 59175 or at 59000 SL- 58750 Target- 59700, 60250 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver long (31 Oct) RSI- 52 Buy at CMP- 57560 SL- 57250 Target- 57850, 58000 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
If silver gives breakout above the range we will buy , if it gives breakout below the range we will sell.
Dollar index is consolidating in the big time frame We are still for the news to get the breakout or the breakdown the further movement in different currency pairs , commodities , equity will be directly depend on it and break on either side will give a start to new bearish cycle or the bullish cycle for dollar index. As per my view we will be going higher...
If silver gives breakout above the range we will buy , if it gives breakout below the range we will sell.
Silver future is near support level 56800-56600. As chart shows. It may give bounce from here 1000-1500 points
#Watchlist #SILVER (M):-CMP 59240 looking good for 65000,70000++, Only above 60000 Weekly Closing. #Disclaimer:-View shared is for educational purposes only.
Natural Gas is taking support of Upward trendline. It may give bounce from here 50-100 points. It can also add more if come 506-516
Crude Buying and Selling Levels Marked. Plane Trade When it Forms Price Action at marked Levels. Some Examples are shown already in charts.
silver micro in swing zone with a failed breakout attempt. once there is a breakout/breakdown we will have momentum on our side and will trade accordingly
bearish outlook hourly- strong sell (target- 56730/56045/55675) daily/weekly- sell(swing short) bullish outlook immediate resistance/targets -58650/59550/60880 as per current market trend prices should test the lows
Precious metal has selling pressure and may continue to move bearish until mean price is not met. This is going to be interested in comparison to equity.
Hello Traders, Hope you all are doing good!! I expect SILVER to go UP after finishing this correction. Look for your BUY 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...
My idea to trade silver as sell on rallies As the fundamental on Silver is not improving economic activities are slow . A very important to be taken note of Silver is a industrial utility the demand and supply need to focus on and this has a major impact on the fundamentals of silver . Till the time we are seeing EUR going down and rates keep on increasing this...
#silver trading for Intraday on Silver as per price action as silver consolidated near 57000 to 56600 on thurday level. So these levels will act as the support and resistance again and here its forming the consolidation pattern. another major trendline coming up from the high of 13 septemberso for the buyer once that trendline breaks will give the breakout. and...