Trendline looks to have broken now and price is facing stiff resistance around 158-160. One can go short for first target of 145-146. SL above 160.
As the commodity complex has been sideway, there is a healthy chance for metals to bounce back from critical support zones. 50% retracement levels is around 225. One may buy around this level for a reasonable 6-8% upside.
Small H&S formation on 2 hourly chart. Tgt 9280-90. SL 9430 (should hold above this level). Invite views from other traders ..!
Looks to remain weak below 362-65 range. May go short for tgt of 330. SL 368
Seems like a near term top is made, sell near 4350-80 for target of 4200 n lower. SL 4420
After a massive rally, the chart is showing indications of profit booking and consolidation. Sell at around 428-430 with SL of 436 for a tgt of 410, 400.
Invite views from other analysts on this..
Break in near term channel. Sell around 296-98 for a target of 290 and 280.
Tripple top formation around 200. Breakdown has happened below 190 levels. Sell with first target of 180.
Downward channel likely to break once price trades above 61.25-50 zone. Buy on breakout for Tgt of 66.
Weekly downward trendline broken today, hope it holds for the weekly closing. Move above 160 will bring further buying in d stock. Target 180-200-220.
IH&S format with a potential target of 63-64. SL 54
IH&S formation on price move above 18.40 in this move. If taken out, silver can give 10% return immediately.
Break above 290 can trigger fresh buying for a target of 340.
Triangle breakout had happened at 83. Post breakout, it had consolidation in 85-88 zone for sometime. And now it has formed a bullish flag pattern. Any dips can be bought for a target of 125-30 zone.