SILVER1!, MCX Silver Short TermMCX:SILVER1!
MCX Silver Short Term
Sell Silver Mar2024 above 72000 Stop Loss 72212 Targets 71641-71194-70474
SVF1! trade ideas
Long Silver MCX Long Silver With Given SL On Closing Basis. Buying 71200-71700 For 73200-75000.SL closing Basis 70600.
SILVER, SI1!, XAGUSDCOMEX:SI1! is used (FUTURES)
Head and Shoulders can be clearly seen bit deformed to my liking
targets and levels are clearly marked
who knows In a debt crisis scenario DXY can xoom and SILVER can fall to much lower levels
please do see the other Chart on Silver also on Higher T/f
Silver MCX ready for upmove avoid fresh sell trade 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver Mega MCX Future Weekly Analysis for 22-26 Jan, 2024🔥 SILVER - 06 MAR MCX FUTURES WEEKLY ANALYSIS 22-26 JAN., 2024
📊 Weekly Range: 1694
📈 Buy at: 72194.89
🎯 Buy Target 1: 72506.89
🎯 Buy Target 2: 73154
🔍 Add one lot at: 71995
❌ Buyer Stoploss: 71630.22
📉 Sell at: 71795.11
🎯 Sell Target 1: 70413.11
🎯 Sell Target 2: 69766
❌ Seller Stoploss: 72359.78
Trade Strategy:
The buy levels provide potential upside targets, with an additional lot to enhance gains.
Manage risk with the specified buyer stoploss.
The sell levels present opportunities on the downside, with defined targets and stoploss.
Remember, successful trading involves strategic decision-making and risk management. Stay informed, stay sharp! 🚀📊💹
#SILVER #CommodityAnalysis #TradingView #TechnicalAnalysis #MarketInsights #FinancialMarkets
Silver (SI COMEX) may enter a bearish phaseVI and stochastics on weekly chart are indicating a mildly bearish silver (CL COMEX). It is at a long term support of a trend line that is one and a half years old.
It may bounce for few days from here, and that would be a good opportunity to short.
Silver is a short on rise unless it breaks above 26.285. which looks very difficult in current setup.
SILVER FUTURES || MCX || 19 JAN updateTime Frame: 1 hour
Consider buying Gold if it surpasses 72178, anticipating upward movement.
Alternatively, sell if it rises but remains below 72050, signaling potential resistance.
Monitoring these levels ensures strategic decision-making inSilver trading. 📈📉
If you agree with my idea let me know by liking this post. Thanks!
Silver MCX Future Analysis for Today 19 Jan'24.📊 SILVER 06 MAR FUT LEVELS
📊 Day Range: 510 Point
📈 Buy at 71463.18
🎯 Target 1: 71930.18
🎯 Target 2: 72125
🔍 Add one lot at 71403
❌ Buyer SL: 71292.82
📉 Sell at 71342.82
🎯 Target 1: 71299.82
🎯 Target 2: 71105
❌ Seller SL: 71513.18
Resiprocate your love while following, sharing and commenting. Trade with trends to turn green!
"📊 Analyzing the potential moves in Silver MCX Future for today, 19 Jan '24! Stay informed and make strategic decisions. 🚀💹 #SilverMCX #CommodityAnalysis #TradingView #MarketForecast #TradingSignals #PreciousMetals #MCXFutures #TechnicalAnalysis #MarketOutlook #SilverTrading"
Silver MCX buy above 72350On 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver71300 is coming as support for Silver but got tested multiple times, so we can see a small sell of 1% to 1.5% can be possible.
Silver 1:3 tradeThe 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 option for those seeking potential high returns relative to the risks involved.
SILVER Update || MCX || 16-17 Jan 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 72295 for +400 Points:
This suggests a recommendation to sell the financial instrument if its price falls below the level of 72295.
SILVER Technical update || MCX || 11Jan- 12th Jan
#SilverAnalysis 📊🔍
A triangle formation is underway in Silver. Waiting for a potential breakout!
Buy above 72400
Sell Below 71674
SILVER IS NEAR MULTI YEAR BREAKOUTIT Is Making Ascending Tringle Pattern And Inverse H&S Patterns It can be Multi year breakout
Silver ready for big fall again sell recommended near 75000On 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#SILVER || MCX || DAILY UPDATE || 9th - 10th Jan#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
SILVER - INTRDAY SETUP - MCX 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 investors and traders.
Trendline Breakdown in 1 Hour SIlverM Chart 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. An uptrend is characterized by higher highs and higher lows, while a downtrend consists of lower highs and lower lows.
Support and Resistance: Trendlines can act as levels of support in an uptrend and resistance in a downtrend. If the price approaches an uptrend line, it may find support and bounce higher. Conversely, in a downtrend, the price may encounter resistance near the trendline.
Validation: The effectiveness of a trendline is enhanced when it is validated by multiple touches. The more times the price respects and reacts to the trendline, the more reliable it is considered by traders.
Breakouts and Breakdowns: Traders often pay attention to trendline breakouts and breakdowns. A breakout above a downtrend line or below an uptrend line may signal a potential reversal or a continuation of the existing trend.
Trendline Slope: The slope of a trendline provides information about the strength of the trend. Steeper trendlines may indicate a stronger and more sustainable trend, while shallow slopes might suggest a weaker trend.
Timeframes: Trendlines can be drawn on different timeframes, from short-term intraday charts to longer-term daily or weekly charts. The significance of a trendline may vary depending on the timeframe.
It's important to note that while trendlines are a useful tool in technical analysis, they are not foolproof, and traders often use them in conjunction with other indicators and analysis methods to make well-informed trading decisions. Additionally, market conditions can change, and trends may reverse, so it's crucial to consider multiple factors before relying solely on trendlines for trading decisions.
MCX SILVER FUTURE January ContractFrom 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: 67767
Support 2: 60305 (it's a strong support, for now price will come at this area if there will be no big issue like covid )
#Silver || 1st - 5th Jan|| Intraday setup
🔸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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silver mcx stya abv 75850 looks bullish sentimentyes 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
