Very strong support area tested today, we can see sharp upside maybe from 69931 levels, if this levels also broken, then silver will definitely going down very faster
Here we have Silver , we think it will make a way up now. we see a head and shoulders also at support.
we have also inflationary worries, so will see .
As per technical Analysis Looks Like Silver Mini will be on Sell Side if its break 73460-50 then we can see 71300 level
Selling Silver Mini Below 73460-50, Stop Loss 74100, Target 72000, 71300 Time frame 4-5 Days
Only for Educational Purpose.
trading ideas for institutional--silver stya bw 74750 looks dwn fall 74430-74030 yes made trailing sl 74965 or one can make short looks dwn fall on 4th hrs chart
As per the HTF view Silver can be seen as bullish.
and 15min View i am sharing for monday.
i am looking for a buy if it broke that level with minimum 1:3 RR. booking partial at 1:3 i am leaving rest for further.
#silver #silvermic
Our Level Drawn as per Gann Fann and Gann Box working perfectly like Magnet and We are minting Money easily. Keep Go with the trend and Enjoy
:)
A boost for thanks :)
yes silver spot blw 24.70 looks dnw fall 24.40--24.20 in mcx also looking fall dwn blw 75300 as per lvl---sell silver 75250@--350 sl 75577 tgt 74920--74640
Over the past few sessions we could see the kind of impact the consolidation patterns have on silver , gold and even in Natural gas to some extent . Now the same appears in the pattern again . Make sure to observe their behavior once there's a breakout / breakdown .
This sideways move in silver as of now indicates exhaustion on the bullish side although the economic data still supports the bullion . Thus one shall make use of the S&R to either trade within the range or shall make use of the breakouts from here
Its a good consolidation triangle pattern in silver which is ideal for an intraday trade . Observe/ make use of the breakout / breakdown in that setup and aim for at least 2:1 risk to reward ratio
esy on 75300 if stya blw thna dwn side expect 75040--74900 thna after more dwn ward will start or if hold abv 75300 lvl thna mkt will again 76000--76789+++++ yes dontmiss it more update stya tuned with us
