SILVER TREND NOWTREND - POSITIVE
But unable to break above weekly downward trend line.
PRESENT ZONE- At SUPPLY ZONE 3.Encountering yearly supply zone.
New 1 hour zone formed.
FORECAST -As per ZONE SUPPLY ZONE 3
If breaks above SUPPLY ZONE 3 will go to 25$.
if breaks below SUPPLY ZONE 3 will target below 1 hour demand zone/weekly zone.
MY TAKE
As lots of supply zones are there requires strong momentum/news.
Probably may go down.
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SI1! trade ideas
Silver Future Prediction - 22.11.2023 - Trading Marcos📈 Intraday Levels Update - Silver Future - 22.11.2023 📉
📊 Levels By Trading Marcos
🏅 Instrument: Silver MCX Future
📅 Contract Month: December Future
📈 Intraday Levels for 22.11.2023:
📉 Day Range: 1110.00 Points
🎯 Trigger Point: 73304.00
📈 Buy At: 73289
🔄 Add Position: 73158
🎯 Buy Target 1: 73990
🎯 Buy Target 2: 74414
🛑 Standard SL: 73239
🛑 Preferred SL: 73017
📉 Sale At: 73027
🎯 Sale Target 1: 72618
🎯 Sale Target 2: 72194
🛑 Standard SL: 73077
🛑 Preferred SL: 73299
🚨 Disclaimer: For educational purposes only. Take paper trades to practice. Trade responsibly.
📲 Join my Instant Messenger channels for daily updates! Let's learn and grow together. 🌐 #SilverTrading #IntradayLevels #TradingMarcos #MCXFuture #CommodityMarket #LearnAndEarn #TradingEducation
Silver Future Prediction - 21.11.2023 - Trading Marcos Levels🌑 Silver MCX Future Analysis - 21.11.2023 📉
📊 Levels By: Trading Marcos
📅 Contract Month: November Future
📈 Intraday Levels For: 21.11.2023
📏 Day Range: 1299.00
🎯 Trigger Point: 72644.00
📈 Buy Setup:
Buy At: 72863
Add Position: 72710
Buy Target 1: 60915
Buy Target 2: 61075
🛑 Standard SL: 72813
🚀 Preferred SL: 72546
📉 Sale Setup:
Sale At: 72556
Sale Target 1: 71841
Sale Target 2: 71345
🛑 Standard SL: 72606
🚀 Preferred SL: 72873
🚨 Disclaimer: Trading involves risks. These levels are for educational purposes. Do your research and manage your risk.
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#SilverMCX #MCXTrading #IntradayAnalysis #CommodityTrading #TradingLevels
Silver MCX Dec. Future Prediction - 20.11.23 Trading Marcos 📈 Trading Marcos Intraday Levels: Silver Future (MCX) - December (20 Nov., 2023) 🌪️
📊 Intraday Insights:
Instrument: Silver Future (MCX)
Contract Month: December
Intraday Date: 20 Nov., 2023
Day Range: 1106.00
Trigger Point: 73140.00
📈 Buy Strategy:
Buy At: 73578
Add Position: 73447
Buy Target 1: 60940
Buy Target 2: 61080
Standard SL: 73528
Preferred SL: 73306
💹 Sell Strategy:
Sale At: 73316
Sale Target 1: 72456
Sale Target 2: 72034
Standard SL: 73366
Preferred SL: 73588
🚀 Trading Plan:
Open a buy position at 73578, considering an additional position at 73447.
Buy targets set at 60940 and 61080.
For selling, execute positions at 73316 with targets at 72456 and 72034.
Manage risk using standard and preferred stop-loss levels.
📆 Day Range:
Anticipating a day range of 1106.00, providing traders with substantial opportunities within the specified levels.
📉📈 Risk Management:
Utilize stop-loss orders for effective risk management.
Stay informed about market conditions for informed decision-making.
🔄 Disclaimer:
Trading involves risks, and past performance may not predict future results. It's recommended to conduct thorough research or consult with a financial advisor before making trading decisions.
Happy Trading! 📊💰🌐 #SilverFuture #IntradayTrading #DecemberContract #MCX #TradingMarcos
Silver MCX: Downtrend Presents Potential Shorting Opportunity
Silver MCX is in a downtrend and could be sold around 70,555. Targets are 68,750 and 67,500. Place a stop-loss above the recent swing high.
Please note that this is just a trading idea and not a financial recommendation. It is crucial to conduct your own research and consider your investment goals and risk tolerance before making any trading decisions.
silver value buying levels the 3rd oct uptrend is more likely a pullback from the previous downtrend that we had analysed and played well
currently the price has reached to the fib golden zone of 0.6 and 0.7 and there is another confluence of previous rejection zone
price started making lower high and lower low
68000 - 67000 will be area of order blocks
lets wait for the price to react on this
MCX SILVER FUTURE WEEKLY TECHNICAL ANALYSISTechnical 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.
#SILVERMINI / SILVER EXPECTED TRENDIn the coming days, Silver Mini is anticipated to experience a downtrend. This means that the price of Silver Mini is likely to decrease. There could be several factors contributing to this expectation, such as economic conditions, supply and demand dynamics, or market sentiment.
SILVER- BREAKOUT OR BREAKDOWN
The triangle pattern observed in Silver Mini/Silver signals market uncertainty and suggests a potential significant price breakout, either upwards or downwards.
We expect this breakdown in the coming days till then it will consolidate.
Stay tuned for the levels, which I will share shortly.