Silver is once again at its very strong support. I see a opportunity for buying @60000 with a SL at 57800 ( Just below the rectangle box). In the past we have seen it getting rejected twice from 200dma so that will be our immediate short term Target @65000 The other levels marked(66650,70000,73150) are all important Support/Resistance levels which will be...
If the daily candle closes above our trendline tomorrow, then we can go long @ 1190. In the short term, we could have our TP @1230, keeping 1135 as SL. But in have holding power for medium term, keep SL at 1115 and TP at 1470. Risk is to Reward ratio is 4.8