looking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011 Get Ready for Big Move in the Silver Investment and Trading is Subject to market risk. take independent advice before investing or trading into it
SILVER CMP 79536 add till 74000 weak below 68000 can go uptp 104000 (9-12 MONTHS)
In global market silver is not very right position. So many retailer are entering into the commodity market . Basically buy on dip for 1-2 years. Technical expectation price will be react 100 in next 3-5 years. It's a good time to invest.
if silver sustain above 70k or 70050 level for today's close = 1d candle then it will news based just liquid sweep from rd number of 70k the price will rush towards the upper liquidity lvl of 71250 and 72750 as of trade on long side keep stop loss of 70k or below and target mentioned i.e. 71250 and 72750
Silver appears short term bullish after trapping all buyers.
silver has reached the fib zone and our golden zone looking price need to make a pullback and we have two fair value zone 69000 and 68300 go long based on higher high and higher low formation
those who went long from 66k-68k in silver gained almost 2000-2200 pts i think it will be wise to book profit and wait for new level the fresh buying level for silver will be 68400 let the price make a pullback after such good impluse movement follow the price on the basis of lower low and lower high look when it reaches 68400 zone wait for price to form...
Friday's price action a) brought the price precariously close to the descending triangle breakdown b) Trendline recapture miserably failed and confirmed the breakdown Both (and 2 other EW based factors) points towards price reaching green zone after break of blue zone. The momentum oscillator is also no-where near the oversold zone and indicating some more...
Hi Traders, It's Silver Future Chart with important Resistance and Supports. Keep the levels in mind while stand any positions.
Expected to Breakout soon. Tgt mentioned on chart.
Bullish Butterfly In Silver Buy PRZ - 72638-72617 ( Activated ) SL - 72300 ( 15 mins candle close ) Target - 73450/73700/74000
SILVER FUTURES-Ready for 100K above 78300 with SL 67400
XAG/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 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...
Bearish Butterfly In Silver If Breaks 73000 Sell PRZ - 74600/74800 SL - 75001 Target - 73400/73000
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.
Hello 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...
XAGUSD HEAD and Shoulder pattern observed . Expecting breakout from the current level and test the resistance level at 24 and 26. Need some news or event to go higher with good volume till we don't receive the news or any event occur till the time we are gonna consolidate at the current level . Follow for more :)