Silver had broken support trendline and closed yesterday below 20 day moving average, which is clear sign of bearishness ahead. After bounce from lower end of falling channel it got rejection at upper end of falling channel, also RK's Momentum turned in sell mode, all other trend indicators like macd, rsi etc. are also suggesting same bias, According to wave...
Silver Mini MCX On 15 Mins Time Fame Chart is Consolidating between Range 57800- 56500, Breakout is Awaited Either side of the Range, Till Then one Can Sell around Higher side or Range and Buy on The lower side of the Range. As the Major Trend is down Currently, If Silver Mini MCX Contact closes below 56500 We have see Further sell off
Silver Is Limited In Lower Range But Should Bounce From Those Lower Levels Expecting Silver To Touch $21.XX With a Strict SL Below $19.40 Can Go Buy Around $21.XX Levels Patience is The Key For Success
buy silver for the target of 100000 at current price 36871 stop loss 5990 duration 1-2 months
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...
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" ...
Inverse Head and Shoulder pattern formation in Silver commodity. Potential targets 72000+.
Silver 4hrs chart show Sign of reversal near to support levels.
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A peak is formed in daily chart at 28.75 on 05/18/2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above...
Buy Silver At Cmp 66644 SL - 64900 (DCB) Target - 68500/70000
Here's the daily chart of the MCX SILVER. It started to rise from the 18th of March 2020. But currently, it's moving downside. It's a short time fall. After the particular level, it will start to move upside again. It may fall up to the support. And from that point, there will be a reversal in the trend. Targets for the future upside movement of the trend are the...
A daily close above INR 67000 (US$ 25.75) would confirm a breakout. A monthly close above $27.25 (approx INR 73000) opens the passage for $33 (INR 86000)
Here I have used Gann fan and Fibonacci on Silver sport to identify the current trend. Fib Retracement: Top: $29.90 Bottom: $11.64 If silver remains above the 78.6% level, the target will be $27 - $27.8 . And if it goes inside 8/1 or remains below 78.6% level, we will see the silver price at 0.618 value of fib retracement. The day traders can use...
Sell At Cmp 62150 Strict SL - 62611 Target - 61400/60700 Purely intraday trade if silver doesnt close below 62000, dont hold it overnight..
SILVER COMEX is on the verge of Breakout of Range, Today if SILVER COMEX Sustains above 27.30$ we can see upward swing in Silver in the next few trading session. Keep a close Eye on SILVER COMEX for the Trading opportunity. 👍
Shorting Opportunity in Silver Future (MCX). Use a 1-Min time frame to enter.