Silver next resistance at 22Silver next resistance at 22
if it crosses the 22 mark, we can see a 3.9-8% upside move
Key stats
Volume
—
Previous close
—
Open
—
Day's range
—
Silver possible Elliot wave counts (Now down and then Up)Silver is now ready to dip down and to unfold wave 5 of (C)
and as per equality, Target of (C) equal to (A) is pegged at 19.963 and 1.618 is pegged at $ 18.350,
which can be stop loss for fresh long positions to be made below $ 20.
Disclaimer.
I am not sebi registered analyst.
My studies are for e
silver hold 21.70 blw soon 19.70 expect any rise sell sl 22.65 silver hold 21.70 blw soon 19.70 expect any rise sell sl 22.65 yes sl cls base as per trend analysis until close abv 22.65 no upward move in weekly charts rsi or candlestick formation bear favor
silver 1 hr time frame - RSI divergence - Bullish above 22.40TVC:SILVER
silver 1 hr time frame - RSI divergence - Bullish above 22.40
BIG UPSIDE RALLY CAN POSSIBLE IN SILVER UPTO $29 - $33 IN MARCHAs per Elliott Wave Analysis , Big upside rally can possible in SILVER . On daily timeframe, waves 1,2,3 & 4 are completed. Wave 2 retraced more than 61.8% of wave 1 & shows Irregular Correction. Wave 4 retraced 38.2% of Wave 3 & shows Complex Correction ( Triple Zigzag Correction). Wave 3 is ext
Silver UP move after completing 3 Waves CorrectionOn Weekly Basis:
Silver completed its correction from USD 12 to 29 in its Grand Wave. There is a support at 23.35 and 22.15 on weekly charts. Grand Correction Wave A, B and C is over in Silver which started in August 2021. B Wave got over in Feb'22 and C Wave got over in August,22. One can be cautio
SILVER BUY trade SignalSILVER BUY trade Signal
SILVER has broken the Resistance trendline and closed above waiting to retrace the support area if the market retest the support area then it will be a good opportunity for a long with very good risk-reward
Always trade with Stop Loss
SILVERSILVER TREND showing BEARISH, as of now after very long BULLISH trend, a Retracement can be expected.
Notice : Who is on LONG positional square off, re enter after Retracement.
See all ideas
Gain new superpowers
Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world.Learn moreRelated symbols
Silver / U.S. DollarXAGUSDSILVER FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)SI2!SilverSI1!