Our Level and Gann Box Worked Perfectly and also the Date range for bottom. The reversal made exactly from there. We are Still Long with Trailing SL
:)
A boost for Support
Thanks
As we can see that price reached to a very crucial zone (71200-70100) so from here we can expect a bounce or breakdown that zone.
So if price break that zone and close below we can see further fall 67700 levels and if price will give a bounce back from here we can see 73900 levels as a targets.
NOTE- Only for Education Purpose.
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as per report on breakout blw 69700 sell on risee expect melt dwn 69360--69010++++ yes may be expect 22.15--22$ blw 22.50 sell on rise sl use as oer breakout 22.65 more update stya with us
Breakdown from consolidation in the downtrend. looks like the lower supports will be tested and the momentum oscillators are also in the bearish territory.
Silver seems to have formed double top.
1. Daily RSI Below 40
2. Price walking on lower Bollinger bands
Can touch 68130 , which will be confirmation point and once it breaks down further low can be seen at 65100 levels positionally
Disclaimer: I am not an expert, I just share interesting charts here. Please seek expert before investing / trading, Because...
As per technical and Volume Analysis Looks like MCX:SILVER1! Had take small Support Near 69700-69500 level if its break then probably we can see some Downmove and it will test 67500 and then 66000 level.
For upside Move MCX:SILVER1! need to break 70700-70900 level with volume. if its break then we can see 72800,74000 level in coming days.
Trade can be...
AS Gann Box and Fan Performed Perfectly Now, I am Expecting 10-14 Feb Silver Bottom.
Let See New Box Updated and Angles for Downward.
:)
A boost is a help and appreciation.
see now blw 71500 its creshed 1000 point hope u enoyedd now stya blw 70500 looks more dwn fall 70020--69700+++ yes spot silver blw 22.80 looks 22.20 itss trnd line breakout let see wht happen blw 70500 sell sl will be 70965 strict sl
