Silver forum
XAUUSD Sold Gold from 2395 levels, Trade in BE and my TP is 2284. My trade advice is Buy at 2384.4 levels and Sell at 2322.5 levels
🔸 Gold Buy Limit: 2384.4
- **Stop Loss (SL): 2374**
- **Take Profit (TP) Targets:**
- **TP1:** 2386
- **TP2:** 2390
- **TP3:** 2394 ++
🔸 **Reason for Entry:** A pending buy limit order at 2384.4, anticipating a bounce from this level based on previous support and resistance.
🔸 Gold Sell Limit: 2322.5
- Stop Loss (SL): 2333
- Take Profit (TP) Targets:
- TP1: 2320
- TP2: 2318
- TP3: 2315 to 2310
🔸 **Important Note:** Don't wait for all take profit targets to be hit. Consider taking partial profits as soon as reasonable gains are achieved.
🔸 **Risk Management Rules:**
1. **Position Sizing:** Only risk a small percentage of your trading capital on each trade, typically no more than 1-2%.
2. **Use Stop Losses:** Always set a stop loss to limit potential losses in case the trade goes against you.
3. **Stick to Your Plan:** Follow your trading plan and avoid making impulsive decisions based on emotions.
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SILVER interest rate may be reduced at sept but a slight reduction cannot push the price to the haven as commercial demand will not to be charged dramatically overnight.story of industrial demand also sought during 2011 spike and dumped there after.
XAGUSD 28.12above28.9-29.2928.12below27.73-27.34
XAGUSD silver can retrace till 27 in its wave 4 down and then in the 5th leg up it will break 30$ mark Super bullish on silver
SILVER Buy@ 28.14
Target- 28.32 🎯🎯🎯
First targets hit
SILVER Buy@ 28.14
Target-28.32
Stop loss - 27.90
XAGUSD 28.12above28.90-29.6828.12below27.34-26.56weekly1h
SILVER looking really bullish and if break out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011
SILVER only buy boom booom silver jack port calll 26.600SILVER Sell@ 24.48
Target - 24.11