Silveranalysis
SILVER SHORT AS WELL AS LONG OPPORTUNITY TILL DECEMBER END ..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" again ,
OR may take a short entry at "A" and close the trade at point "D"
ENTRY LEVELS CAN BE AT 64700 (Short entry)
TARGET CAN BE 63400 THEN 62600
STOP LOSS CAN BE PLACED AT 65700 ZONE
YOU HAVE TO GIVE ATLEAST 2O 25 TRADING SESSIONS FOR THIS
ONCE THE PRICE REACHES TO POINT D WE MAY SEE THE CONSOLIDATION,OR
PRICE MAY EVEN FALL BELOW D WE HAVE TO DO NOTHING IN TAHT ZONE BUT WAIT FOE THE BULLISH ENTRY FOR A PRETTY GOOD TARGET UPWARDS .
I will post the bullish trade later.
Thank you .
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Above analysis is just for education purpose ,
i am not a sebi register advisor ,
please consult your financial advisor before taking any financial decisions .
SILVER VIEW (PATTERN OBSERVED )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 .
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Silver Daily Gann Chart Pointing HigherCurrently, 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 fake-out? That's a straightforward scenario on the above chart. MCX silver futures will come under the control of sellers in the downtrend area. It will fall nonstop for the targets of 59960 - 59400 - 58600 - 55765.
Silver Analysis 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 resistance. Setup would be "invalidated" if price breaks the trendline again and trades below it.
Silver Futures (CFD)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 which is the high of wave X and coincidently it is also top of current rising channel.
on the way down, or in the worst scenario, the 20 day simple moving average and the lower end of the channel which around coincide around $22.62, will be the crucial support level to watch out for.
fib key levels for target and whole scenario
macd in weekly
macd in daily positive and uptick
rsi in weekly uptick
stochastic in weekly
stochastic in daily
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Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
Silver MCX looks promisingSilver 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
SILVER FALLING WEDGE PATTERNHello
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 factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL & FALLING WEDGE PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL & FALLING WEDGE PATTERN a pullback
In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL & FALLING WEDGE PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
XAGUSD LOOKS WEAK AND CONTINUING DOWNSIDE MOVEMENTXAGUSD LOOKS WEAK AND CONTINUING DOWNSIDE MOVEMENT
short xagusd with strick stoploss
silver looks like strong bearish
If price rejects from resistance zones AT 20 EMA OR 50 EMA OR 200 EMA
Twith hen go for short
STRONG SL - 23.60
TARGET 1 - 22.00
TARGET 2 - 21.60
TARGET 3 - 21.20
TARGET 4 - 20.50






















