on watch list for entry triangle formation
eyes on break above 67600
can open space for new buy side
on radar
disclaimer - trade @ own risk
Silverlong
Silver inside candle analysis ! Silver formed inside bullish candle in 4 hour time frame, and breached consolidation zone.
Possible targets:
1) 67,500 (that is 50% Fibonacci level), if it sustain on that level then we can hold to achieve the next target.
That is
2) 68,500.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Silver bouncing from the supportSilver bouncing from the support. One can take long positions now for a target of 27.7 , 29.85, 32.40, 35...
XAGUSD - LONGDescription:
The counter XAGUSD look to form an ascending triangle. A flat-top resistance @ 27.40 and trend line support around 26.00 to 26.15 together form the ascending triangle. Today the counter is looking to break the resistance line @ 27.40. Prices trading a couple of hours above this level might push the counter to further highs. A price accumulation around the resistance line might get the counter a bit stronger for upper moves and for the bullish trend to stay intact. We look for buys to take a ride, once the resistance breaks and make the counter bullish till 28.80 to 29.00 levels. The trend line holds as the major support for the bullish trend to continue. Only a break of the trend line might possibly reverse the trend for a reverse mode.
The major levels for this counter are
R2 – 28.00
R1 – 27.58
PP – 27.15
S1 – 26.73
S2 – 26.29
SILVERA 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 $33 (INR 86000)
Silver Mini Buy / Sell based on FIBO and GANNSilver Mini Expected swing Buy at 61817 Stop loss 61700 Target 62760
Follow the swing strictly don't enter the trade before making new high . Wait and buy only after the new high is formed as per our swing
Have any queries then PM me
Silver "Breakout"Buy Silver at cmp 64080 Strict sl - 63199 Target - 66000/67000
Its a high risky trade, please consult your financial advisor before entering any trade.
Silver above support and about to break the downtrendCheck out the important support and resistance on the Day chart of Silver. One can go long tomorrow if it happens to break the trend line on closing basis.
Silver Long 26.02 Next TargetBuy Entry Level at 23.87 Target1* 24.10 ,Target 2 24.20, Target 3* 24.50 Stop loss 23.80
XAGUSD - Silver is Ready To Boom !!! :)Currently it is incomplete converging triangle (abcde) and completed combined (wxy) correction. . .
SILVER COMEX TRENDSILVER COMEX is on the verge of Breakout of Range, Today if SILVER COMEX Sustains above 27.30$ we can see upward swing in Silver in the next few trading session. Keep a close Eye on SILVER COMEX for the Trading opportunity. 👍
Silver MCX falling| Will it fill the Gap? MCX Silver had a steep fall on 11 Aug 2020.
There are two gaps at 57k and 54k .
Fib retracements show them amidst possible entry level.
Silver1! Long EntrySilver a good long term bet if it manages to cross the 74865 levels then
T1 - 75380
T2 - 76200
with SL - 74500
silvermicro 10 aug 2020this chart showing that silver may open gap up and may go till its all time high one more time RRR is in chart
SILVER - LONGThe counter XAGUSD started travelling in an ascending channel from 10th July. The price movement is very aggressive for the past few days. Today the counter has made an entry in the bottom line of the channel at the price 19.91. It's the right time to go for long.
Place your limits between S1 and R1.
Silver - BuySilver has formed symmetrical triangle pattern, If it break upside with strong volume then it has tendency to break the long term resistance zone, strong up move is expected.
SILVER MCX ENTERED BULLISH ZONESILVER 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 - Breakout - Symmetrical TriangleSilver has given a clean breakout from symmetrical triangle pattern on 15 mins time frame.
Initiate long.
Target: 15.840
Stoploss: 15.440
