Silver Cmp - 62261 Stop - 60000 Expectation - T1 - 64500 T2 - 68000, Review at 65000 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
IS THIS A GOOD TIME TO BUY OR WAIT FOR MORE CLARITY Silver has a major support @ 61150 One can buy with a Stop loss of this support for 1000 points rally from current level. BUY @ 61540 TGT @ 61850-62250-62800 ======= Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis. Follow...
Silver readying itself for the Upmove after hitting Double Bottom on Price and RSI Disclaimer: View for Education purpose only, not to be taken as trading advice.
We have seen the downtrend in silver form June to September . In the month of October we saw a clear break out from the downward sloping trendline (T). Now ,the price may again come for the retest. So We have short entry for now in silver mini till point "D" (WHICH IS ALSO A 400 D EMA LINE RED) We can aim from POINT "A" TO "B" FIRST and then POINT "C" TO "D" ...
Silver mcx short position below 66200 TGT - 65850/- 65500/-65200/- Final TGT - 65000 Sl - 66650/-
buy at 66500 stop loss at 64100 target 74000 time frame 3 to 12 month
Silvermic level with trend and chart analysis with short term traget.............................................
Silver formed inverted head and shoulders pattern . if we break above 25$ then we will be heading for $28 in short term . if we break below $24 then we will be facing heavy selloff to 20$ in short term .position size should be taken care off . For more follow me if can of any doubt fell free to connect . Thank you
15 months of consolidation. Inverse H&S. Initial signs of next move. Good risk:reward.
Inverse Head and Shoulder pattern formation in Silver commodity. Potential targets 72000+.
silver mic daily level.................................................................................
Currently, silver has jumped back into the uptrend area. It has also broken the parallel channel in the last trading session. But, the buy is not confirmed yet. The uptrend can be resume if it remains above 0.618 of retracement level and 3/1 & 8/1. If that happens, then you can buy for the targets of 63900 - 65100 - 65960 - 68454. What happens if it's...
After a long bearish move Silver made a strong counter trend move and broke out above the descending trendline on 20th Oct making a recent swing high of 66700 it is now trying to make a short pullback. Completion of this pullback can be a good long entry spot between 64000-65000 in SILVER. If price moves above 66000 then we can see 68000 which might be a...
silver long chart self explanatory . Trade as per the given levels.
Silver closed above 40 ema in daily time frame in trading session of day before yesterday, it automatically confirms that the silver has completed a complex correction recently, now there is a good chance that a major bottom is done. Silver can possibly make a move towards north direction in the forthcoming trading sessions, as per price we can say towards $24.89...
Silver MCX looks promising at this level After several attempt to break trend-line it is once again at the level, RSI crossing 50 levels If breakout occurs and stays above the Resistance we may see level around 63100-64800. However if failed, reversal happens from this level! then nearest support will be around 59950-58890. Thanks
1. rising crude (-ve for equity, good for bullions) 2.+ve divergence on RSI and MACD.
Hello Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive...