The silver trade presents an enticing opportunity with a 1:3 risk-reward ratio, offering the potential for substantial gains. Investors can capitalize on silver's price movements, taking a calculated risk with the prospect of tripling their initial investment if the trade unfolds favorably. This favorable risk-reward ratio makes the silver market an attractive...
Timeframe: 4 HOUR
Long-Term Buying Suggested Above 73600.
RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis.
"Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market.
Sell Below ...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
#Silver
Timeframe: 4 Hour
Direction: Long
Critical Level: Silver must decisively break above 73150.
Confirmation Needed: This level represents the most immediate previous high, and a successful breakthrough with follow-through would indicate potential bullish momentum
#SilverInvesting #preciousmetals #SilverPrices #BullionMarket #SilverBullion #analysis
Reversal Anticipation: If silver's current price holds at 71300, there's an expectation of a trend reversal. This could signal a shift towards a more positive or bullish market sentiment.
Bearish Trend Warning: Conversely, if the price drops below this level, it suggests potential further downside and a bearish trend in the silver market, prompting caution among...
MCX:SILVERM1!
Observartion: trendline Breakdown
What is Trend line?
a trend line is a graphical representation of the general direction of price movement in a financial market.
Here are some key points about trend lines in trading:
Identifying Trends: Trendlines are drawn on price charts to connect significant lows in an uptrend or highs in a downtrend....
From 52000 to 72717 it's follow a trendline .
It respect 52 EMA very well. Also we can see a bullish engulfing candle was created in weekly chart . It's a good sign for bull run.
This year is the right time to invest in SILVER.
After breaking 78322 bull run start. Also global market perform very well .
Resistance 1: 72317
Resistance 2: 74136
Support 1:...
🔸Timeframe: 4 hour
🔸Strategy: Long
Bearish above 74653
Explanation: This trade strategy suggests entering a long position if the price surpasses 74653. The target for potential gains is set at 75583, while a stop loss at 74158 aims to manage potential losses.
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🔸If you understand and support my view give it a thumbs up👍
yes stya abv 75850 looks up side 76500-77000 near in spot analysis will 24.60 $ abv looks 25$ near soon where support 23.60 for reversal precious matel looks shining due to bet on rate cuts
🔸Timeframe: 1 hour
🔸Stratergy: Long
The intraday support at 75426 is crucial. A breach and sustained trading below this level may trigger a downside move of 100 points, potentially invalidating the bullish view. Traders should closely monitor this key support level for potential market direction. 📉
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🔸If you understand and support my view give it...
The current price is undergoing a test of a robust support area, suggesting a possible rebound and a retest of local resistance before a potential decline.
There's an anticipation for silver to reach the 73000 zone in the coming days, contingent upon finding support within the range of 72500-72860. However, a breach of this support could indicate a potential...
silver spot 4th hrs chart looks bear move macd gvn bear brreakout blw 24$ looks dwn side 23.60-23.30$ sell on rise with sl 24.25 or mcx silver stya blw or hold 747650 sell on rise sl will be 74789 tgt looks 74350---74110+++ yes blw 23.604 sharp panic on chart looks and usdinr may be support
