Silver is showing huge consolidation for the few years revolving around the same line making it support and resistance. Positional Idea - Currently, if that line is not broken on closing basis which means Silver doesn't close below that line but can establish low points there), one can buy Silver. Intraday Idea - Also, it is getting selling pressure in...
A little more consolidation before the upside may be possible.. over all trend looks Bullish..
Likely to break on the upside. Lets wait and watch
Buy Silver above 17.761 closing basis Targets 17.813/17.826 as per fib levels sl 16.686
The Silver is more vulnabrable on the down side than Gold . Silver has always been a Sell on rallies Silver is unable to cross strong resistance level of 16.8 - 17.2 Zone Below 16.8 the next support is 16.6 and lower 16.400 Once below 16.400 there is small support at 16.200 and lower major support is 15.800 only The Silver is trading is this range . Keep...
Current trend Silver prices showed moderate growth at the trading last Friday, receiving support from weaker than expected data on the US labor market. In addition, commodities were supported by another aggravation of trade relations between the US and China, after Donald Trump ordered to create a new list of Chinese goods to raise import duties worth USD 100...
Wait for the breakout in downward direction.
Silver Support & Resistance Trade within each support and resistance level.
Can short on seeing reversal sign at the level of arrow mark.
SELL SEILVER and wait to fall. Rsi is above 55. so better to sell and wait to fall.
In short our additional full net short size in both of our precious metals is well justified from the reward and risk perspective at the time of writing this article/idea In our previous post we already mentioned many times that friday's session can be volatile and very tricky to predict and could affect gold and silver prices in short term and that seems to...
SILVER: 2016 high is the next target on this breakout. A tgt of 21 should be possible within H1 2018
BUY SILVER AT 15.75-15.80 with STOPLOSS 15.40 for TARGETS 16.25 and 16.50-16.55
Long silver double bottom trade cmp : 15.84 SL : 15.75 Target : 16.5 Duration : 10 -15 days
silver after completing wave b triangle will head high to complete bullish Gartley stop 16.65
Price above key moving averages and MACD turning up. Buy for target 18 to 18.5$. Stop 16.75
SILVER BUY @ABV 17.290 BUY RANGE 17.290 TO 17.260 TGT :- 17.550 SL- 16.690