silver short Breakdown from consolidation in the downtrend. looks like the lower supports will be tested and the momentum oscillators are also in the bearish territory.
Silveranalysis
SILVER MCX MACTHED WITH PREVIOUS LEVEL AND NEW ONE 10-08-2023AS Gann Box and Fan Performed Perfectly Now, I am Expecting 10-14 Feb Silver Bottom.
Let See New Box Updated and Angles for Downward.
:)
A boost is a help and appreciation.
Bullish Butterfly In SilverBullish Butterfly In Silver
Buy PRZ - 72638-72617 ( Activated )
SL - 72300 ( 15 mins candle close )
Target - 73450/73700/74000
Gold and Silver forming bullish patterns 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.
SILVER MCX MATCHED TO PREVIOUS LEVELSGann 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
:)
SILVER GANNBOX AND GANNFANN LEVEL 04-07-2023All level worked perfectly and will work perfectly in future also...
Enjoy
Long XAG/USDXAG/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.
Silver Important levels ! Silver important short term levels are plotted in the chart.
currently silver is trading in the major support zone after a sharp fall in todays session. It is expected that it may bounce back and probable targets on upside are marked in red dashed line.
in case silver manages to close below the support zone, allow 15 minute candle to close it below the level and short for the target marked in green dashed line.
Disclaimer: This is just a view only for educational purpose.
Silver Demand and Supply zones !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.
Silver Important Intraday update !Short silver if manages to close below support region.
target or next immediate support of silver is marked in the chart.
Silver Important Intraday Levels !!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.
a short explanation on the commodities and setupsA short video on the gold and silver after the fall yesterday and looking at the longer term time frame to understand the key levels. Gold has been the worst performer while the rest are actually looking bullish. Silver has been outperforming gold and that is something that we need to be aware of as it is also used in the industry. Overall the base metals and silver seem to be doing better than gold. The news from bank of canada increasing the rates did not sit well with the market with both gold and silver falling immediately after that. Anytime we have the yields go up the metals and other investment instruments which are assets without any yields underperform and become unattractive comparatively.
Bearish Butterfly In SilverBearish Butterfly In Silver
If Breaks 73000
Sell PRZ - 74600/74800
SL - 75001
Target - 73400/73000
Double top formation in Silver. 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.
Silver Time to Make or Break 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.
SILVER possible Elliott wave sountsHello Friends,
Here we have shared possible Elliot wave counts of SILVER 4 hourly chart in which we can say possibly we are heading towards north direction as a fresh impulse wave, which can lead towards Bullish bias as now onwards.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
silverpattern breakout confirm on daily basis now buy here target 31 silver comex new ath cup and handle also confirm this
stbt sold 72500 now 71500 check more sell bwl 71400 bear patternstbt sold gvn 72500 now 71500 almost 1000 point in hand now more sustain blw 71400 thna selll on rise with sl 71800 soon 710060--70800 looks bear pattern occurred with gap dwn o [pen
Silver on weekly resistance Silver on weekly resistance comex chart , looks for retrace on forthcoming weeks
buy silver 71800 gvn now 72100 enjoyyybuy silver 71800 gvn now 72100 enjoyyy-- yes after breakout silver firedddd
silver sustain 70800 buy on dipstgt 71050-71300 expect sl 70355silver stya abv 70800 buy tgt 71050-71300 expect sl 70355-- ys interday rally possible only sustain abv 70800
