Silver Future Technical AnalysisHi Traders,
It's Silver Future Chart with important Resistance and Supports.
Keep the levels in mind while stand any positions.
SV1! trade ideas
Silver view 20.15$As silver is in triangle so it should come down to 20.15 before moving up...If triangle is broken then it may come down further to 19$...this view is for 2-3 weeks
silver spot or mcx monthly chart analysis-----blwsilver spot eyes on 21.50$ if stya abv or close abv thna expect up side 21.90--22.20+++++ or if support broken 22.70 or close blw thna will see 19.80-19--18++++ no if and but-- range 20.70-21.50$---------- mcx monthly chart hurdel 69300@ if hold blw thna nxt dwn side 65700-64800--63780++++ soon-- only abv 69300 sustain or close abv thna mkt up side only 71000+++
silver spot update also mcxeyes on 21.35$ if stay abv thna expect up side 21.50-21.70$ in mcx 68000 abv looks some dedcta bounce till 68500+++++++ where if if hold blw gvn hurdel than mkt dwn possible again let see adp data
Silver Micro - Swing Trade IdeaHI All - good opportunity to go long for Silver/ Silver Micro for Swing trade.
Timeframe - 1h
Key Highlights:
1. Bouncing off support zone
2. Taking support at good volume
3. Good risk and reward
biy silver dips on 72350--300 tgt looks 72600-800++biy silver dips on 72350--300 tgt looks 72600-800++ yes buy on dips skeep tight sl 71800 looking sjpr tcovring
It's just a techniquecal pull backI don't know🤷♀ why people are hurry to buy
There's no sign of fresh buying
Only shorts are covered with profit
Only risky trader's buy @ below yesterday low as a stoploss
But it's far away
📉 Alert! Bullish Pattern Spotted! 📉 Alert! Bullish Pattern Spotted!
📊 Pattern: Symmetric triangle
📌 Symbol/Asset: Silver (MCX)
🔍 Description: Stock is making symmetric triangle pattern and now prices around support of the pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
silver could fall 3-4% ?? The Gap up of 30th aug was not Bullish case in the price
gap just grabed all the pending liqduidity from old order block (from 20 and 27 july)
due to gap up price face hard selling liquidity and buyer liquidity made a stretch of (15 or more than !%) which created the imbalance
with all this conditions it is clear that price will be dropping lower to find more buyer liqudity
the red arrow highlighting the buyer liqudity lvls
for long entry only from 70600 - 70400 & main point of interest will be 70,000 - 69350
Selling Silver below 72025Below 72025 breakout, Selling silver for targets of 71000 and 70472 for the longer-term and 71064 as an immediate target.
On rejection of immediate support, 72154-150 and the price is rallying up then an alternative short is on rejection of 72750 as resistance.
silver spot or mcx gold silver interday update- buy silver mini 72000--71800 sl 71500 tgt hold if trade abv 72400 thna will more update-- spot silver stya abv 23.10 buy on dipss with sl 22.85 tgt 23.40+++++++ trade wiyth lvl or sl dont stuck wrong side -- gold stya abv 58550 looks dedcta bounce 58670-720 buy on dips with low sl
inetrday- sell silver 73100--blw tgt looks 72700-450+++ inetrday--sell silver 73100--blw tgt looks 72700-450+++ keep tight sl 73359 yes looks blw 72900 shar dwn side fall or blw 23.40 sustain looks 23.30--23.10
Can $MCX:SILVERM2! Test 72000 Level before End of this Year ?Dear Followers
I have identified a potentially lucrative opportunity in the MCX:SILVERM2! silver market. My analysis suggests that silver prices could experience a significant downturn in the coming weeks. This could offer an excellent short selling opportunity for those looking to capitalize on potential price declines.
📊 Key Factors:
Recent Overbought Conditions: Silver has seen a notable surge in recent weeks, leading to overbought conditions. Historical patterns indicate that such spikes are often followed by corrective pullbacks.
Technical Signals: technical analysis indicates the possibility of a trend reversal Near 77900-78100 Level , with key resistance levels showing signs of holding.
Strategy:
Sell MCX:SILVERM2! Near 78000 Level Stop Loss 79200, Target 75000, 73000, 72000
Time Frame 30-45 Days
Investment required= 48000
Maximum Loss = 6000
Profit Upto = 30000
Best Regards,
Ajay Metha
silver long guys this is a silver long opportunity as you can see the technical analysis and again always do your analysis
SILVER MCX LEVELS FROM UPCOMING SESSION 18-09-2023Gann Box and Gann Fan is Working perfectly on Levels of Silver MCX...
Now again expecting some downside move and then Up
:)
SILVERMIC1!SIlver is taken suport at daily trendline ,so one can initiate long position by putting SL of 70230.
safe traders can buy silver ETF.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder and Peanut Pattern
📌 Symbol/Asset: Silver (MCX)
🔍 Description: Silver given breakout of Head & Shoulder and after breakout its in a consolidation and forming Peanut pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Silver flying 🌟🤩🌟buy 71560 stop 71200 tgts 72000..72300.73000Silver flying 🌟🤩 mode 71560 stop 71200 tgt 72000
Next 72300
Next 73000
Final 73400
Get ready for fly?????
My view only
Education purpose only
sillver buy above 71920 stop 71400 tgt 72300 next 72900++strong upmove from above 71920 only target 1 72300
target 2 72900
my view only
only educationa purpose
silver mcx or spot crucial updare blwsilver spot stya blw 23.30 or in mcx stya blw 72800 looks dwn fall 23.05 in mcx 72400-7200++++++++ or blw 23 will see 22.70 in mcx 71500 near yes on 4th hrs chart looking trendline breakout possible
SI1!, XAGUSD, SILVERVery Strong Upmove candle .... need to break the Trendline and 25.475 Levels for confirmation
Triangle breakout and A Flag Pole pattern can also be considered.
Structurally Silver is still making a higher low which is bullish.
Previously I was expecting low of 22.140 to break which didn't happen
Only -ve is Dollar Index Break out wait till confirmation on Silver Charts
Expecting 30$ targets if Confirmation comes
silver crucila update blwsilver stya blw 75000 looks dwn fall 74500-74300--73890++++++++ sell on rise must here with tight sl yes silver spot bwl 24.20 dwn only 24--23.80$ yes buyer be aware if lvl broken thna big crash expected
