As per above Chart analysis possibility of ending wave 4 which was complex wave WXY, now it can continue it's uptrend in wave 5 which can extend till 0.786 fibo ratio.
MCX:SILVER1! set up says silver is bullish but we can see some resistances also, trade with small targets or trade with trailing stop loss. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn . Apply . Grow **whatever charts or levels or...
Silver can go short in this supply area . Planning short trades will be better.
silver is sell on rise as there is no change in the fundamentals yet so break above the given resistance line is not seen in near future so we continue to drop in the downward channel also it depends on the behaviour of dollar index and cpi data of usa so upcoming Data can be used as a trigger for change in the fundamentals and can help silver to get above the...
Gold seems to have finished its downmove at the recent lows around 1690 levels. The move since then has traced out in 5 waves and is clearly impulsive. The one-two , one-two series of upmoves should accelerate into a wave 3 and head towards 1760 as its first stop before heading towards 1850s. Silver is expected to follow same path. #XAUUSD #XAGUSD
silver complete all correction ready to go upside silver go upside dollar correction start
gold ready big run gold near complete big time correction
Silver possible wave counts are still suggesting not to go long at these levels, this may correct more, be cautious. Possible Elliot wave counts on weekly time frame macd in weekly is negative Possible Elliot wave counts on daily time frame macd in daily Negative Possible Elliot wave counts on 4 hourly time frame macd in 4 hourly is still below zero...
Gold chart is bullish it may give bounce from here CMP 1744 target would be 1760 and 1785
Natural gas chart form Cup & handle pattern. It should long CMP 780 for target 860,905 and final target 1085
Dollar Index Breakout or Breakdown ?? Whats your view members ?? #commodities #gold #silver #copper
TVC:GOLD GOLD is making a classic entry for a good upside I have drawn the whole perspective I think is the best possibility right now I am buying gold with the SL of breaking the trendline drawn on the bottom which I think it will retest once plz trade according to your knowledge and understanding, don't follow anyone blindly
As updated in the charts we still expect a little upside movement in silver for completing its 4th leg before moving towards its final showdown or the last leg (wave 5). It’s not the right time to trade anyways in silver . We still wait for a perfect entry . Thank you so much .
Silver CMP 20$ This is a weekly chart of silver... Looking at the chart, we can see that Silver have completed its one wave cycle at 18.15$ and possible WAVE 3 started .... as long as 18.15$ holds, Silver would be buy on dips from here for where I would be looking for 30$ as my 1st tgts Just a View!! Vedang
Silver Short (01 Aug) RSI- 43 RSI divergence Sell at CMP- 58340 SL- 58570 Target- 58060, 57712 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver Short (01 Aug) RSI- 62 RSI divergence Sell at CMP- 57995 or around 58150 SL- 58450 Target- 57400, 57100 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
MCX:SILVER1! NO FAVOURABLE CHART PATTERNS, NO TECHNICAL SIGNS OF REVERSAL. Can a contra bet of long positions be initiated at current levels ? Well, the retail investors looking for diversification of their portfolio's, have a great opportunity to add silver futures. The risk reward ratio is favourable at current rates plus there is a high chance of bounce back...
Silver Long (26 July) RSI- 41 Buy at CMP- 54520 SL- 54350 Target- 54710, 55010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.