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
Silver and gold have been running in positive territory for past one week, it gave a trendline breakout some time back. Uptrend can be expected as long as Coronavirus worries are impacting markets.
Silver rallies look like fake and could fall steeply if it fails to rise above $18.5 in near short term. This is the same time some videos were published by Robert Kiyosaki on May 22nd, 2019 where he believes silver will go up. There are many other people propagating the same ideas trying to boost up silver which actually happened but failed to go past $18.5 or...
Silver Interestingly Poised ? Nicely Holding the Green Area ? Bullish COT Report, Momentum Diverging on W, D & 240 min Charts. With that in the background if the 4 Hour start closing above 16.250, the momentum can take it to 18.350. Again 18.150 is Crucial area, if it is able to SOLIDLY sustain the up-move above 18.250-18.300 area, then medium term Silver is in...