Silver Brewing a fall soon?
Sell Silver Futures
Rationale:
Silver has formed a rising wedge pattern on the 4-hour chart, indicating exhaustion in the recent uptrend. Price action shows multiple rejections near $48.40–$48.50, while the CCI momentum indicator is flattening after reaching overbought territory, hinting at a po
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Silver holding buynfrom 144000 , target 145600Silver holding buy from 144000, target 145600 , upside target big but mcx closed tomorrow so will book profit.
Yesterday also bought at 141500 and booked today at 144100
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Silver 5000-5500 points upmove from previous buy given hold buySilver upmove will continue next target 49.80 to 49.90 on comex , mcx levels given on chart but fallow comex levels
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2%
Silver mcx updated levels buy near support 50$ 1st on comex comeSilver mcx updated levels given on chart,silver mcx 10-12 % upside still possible, silver will try to break previous ATH and make fresh ATH
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early /
Silver Re Entry After booking partial profits at 12R, I am re-entering the MCX:SILVERM1! trade with a fresh position. The setup continues to align with my trend-following and risk parameters, and the market structure supports further upside potential.
Partial exit: 12R booked ✅
New entry: Initiated as per strat
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Micro Silver Futures is 48.080 USD — it has risen 1.99% in the past 24 hours. Watch Micro Silver Futures price in more detail on the chart.
The volume of Micro Silver Futures is 19.00 K. Track more important stats on the Micro Silver Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro Silver Futures this number is 13.61 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro Silver Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Micro Silver Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro Silver Futures technicals for a more comprehensive analysis.