Technical Analysis on Silver : - As discussed in the last week, silver is in bullish channel. A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines. As clear shown in the attached chart price is moving in upward direction with clear channel lines. Follow the attached charts for more analysis.
Silver today's range for entry. Stop Loss only 250 point and target 250 point, trail SL on each 250 points movement.
silver long chart self explanatory . Trade as per the given levels.
Buy Above :- 67860,(Above resistance Area) SL:- 66300 (Bellow Major support) Targets : T1:- 68380, T2:- 69460, T3:- 71225... Note:- 1. Please book your Targets near the points not at exact levels. 2. Stop loss should & must be there. Once the price level cross the T1 and sustain, you may trail your SL on entry price i.e.67860 to...
Hope it break it soon and tend to move upside. Wait for the breakout and confirmation candle.