Check out the important support and resistance on the Day chart of Silver. One can go long tomorrow if it happens to break the trend line on closing basis.
Midterm forecast: While the price is above the support 19.65, resumption of uptrend is expected. We make sure when the resistance at 26.20 breaks. If the support at 19.65 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. While...
Buy At level 1881 Stop loss 1876 Target1*1889 Target 2*1898 Target 1906 If its break Long Term Target Will be 1921 Doller
Silver Mini again in a tight range. Red, Yellow and Green are Monthly, weekly and daily simple support and resistance. watch how it works guys!! Thank you.
Midterm forecast: While the price is above the support 25.65, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 25.65 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased. While...
Price retesting the previous resistance levels, if closes above the immediate high then it will definitely reaches the next resistance level 35.
Look to get in on the dip in C wave in the next couple of hours before the upward resolution out of the triangle resumes to the upside look for the long term view in the previous tweet
SILVER COMEX is on the verge of Breakout of Range, Today if SILVER COMEX Sustains above 27.30$ we can see upward swing in Silver in the next few trading session. Keep a close Eye on SILVER COMEX for the Trading opportunity. 👍
A consecutive breakdown below to 23.60% means 38.20% ( 64K - 62K ) will come soon. Otherwise, it will keep moving forward for 72K - 73K+ .
MCX Silver had a steep fall on 11 Aug 2020. There are two gaps at 57k and 54k . Fib retracements show them amidst possible entry level.
Silver a good long term bet if it manages to cross the 74865 levels then T1 - 75380 T2 - 76200 with SL - 74500
this chart showing that silver may open gap up and may go till its all time high one more time RRR is in chart
Shorting Opportunity in Silver Future (MCX). Use a 1-Min time frame to enter.
Silver has formed symmetrical triangle pattern, If it break upside with strong volume then it has tendency to break the long term resistance zone, strong up move is expected.
SILVER MCX Enters Bullish Zone Breaking Channel upper resistance as seen on the chart. We can see Levels of 51500 in the coming days. Silver MCX will enter bearish zone only once closes below 47500
Silver has given a clean breakout from symmetrical triangle pattern on 15 mins time frame. Initiate long. Target: 15.840 Stoploss: 15.440
Hope it break it soon and tend to move upside. Wait for the breakout and confirmation candle.
Watchout the levels