Bearish Butterfly In SilverBearish Butterfly In Silver
If Breaks 73000
Sell PRZ - 74600/74800
SL - 75001
Target - 73400/73000
Silversignals
Silver Spot Sets up another PeakCOMEX silver spot is moving sideways with the fluctuation on the 15m timeframe. It started with the descending peaks and after that made three ascending peaks. Then fall again and made a descending peak. Right now, making a descending peak again, and targets are followings $26.460 - $26.430 - $26.360 . It will make more descending peaks and fall up to $ 26.260 .
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) Day Trading Shorting Opportunity in Silver Future (MCX). Use a 1-Min time frame to enter.
Silver fall coming soonSilver 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 sustain above $18.1 many times in the last 7 months. I see a serious fall if it fails to rise above the $18.5 levels with people holding it liquidating positions soon. See the video on youtube search for Why Robert Kiyosaki buys Gold and Silver -Robert Kiyosaki and see the date of posting.
trend lines on an RSI chart.As the RSI charts are (specially the 21 period one) is far less volatile or noisy than the price movement chart, it is easier to determine its trend using the trend lines. the attached silver RSI chart shows how trend lines can be drawn on RSI and a fair idea of price movement can be drawn.
