Silver Technical analysis
Level of Support
1-Support 14.522
2-Support 14.513
3-Support 14.502
Level of Resistance
1-Resistance 14.573
2-Resistance 14.587
3-Resistance 14.595
Silver Technical analysis
Level of Support
1-Support 14.522
2-Support 14.513
3-Support 14.502
Level of Resistance
1-Resistance 14.573
2-Resistance 14.587
3-Resistance 14.595
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Resistance level and Support level
current price Silver= 15.56
Resistance Levels
resistance level 1=15.62
resistance level 2= 15.67
resistance level 3= 15.71
Support Levels
support level 1=15.54
support level 2= 15.50
support level 3= 15.45
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Kal silver din ka chart me ek hammer candle bnaya ta, iske baje se silver kal upar jana shuru kar sakta hai, maine buy order karne ke liye soch raha hum.
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28 Level is working as good support level and even at those times silver went below 28 in panic there was good value buying witnessed, currently level has become attactive for long term investors and we may stay long with stop loss of 2750 breaking which further panic may be witnessed.
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Silver is still around the main resistance of the downside movement, without providing any breach of this resistance at 29.05. But, the formation of the double bottom pattern prevents us from expecting the return of the downside movement since silver is not below 28.10 anymore. In addition, we cannot expect an upside move due to the strength of the mentioned resistance levels. Therefore, we remain neutral for the rest of the session today.
Recommendation : Based on the charts and explanations above, we remain neutral awaiting more confirmations
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Resistance level and Support level
current price Silver / 15.56
Resistance level 1/ 15.62
Resistance level 2/ 15.65
Resistance level 3/ 15.68
Support level 1/ 15.54
Support level 2/ 15.51
Support level 3/ 15.47
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To-day Silver Resistance & Support
Resistance level
1 Resistance level 15.554
2 Resistance level 15.568
3-Resistance level 15.589
Support level
1 Support level 15.489
2 Support level 15.469
3 Support level 15.451
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Silver look move down and form a new lowest zig-zag level. price also had broke weekly support 1 level (33.99). Price can slip until touch yesterday's lowest price if there is any pressure and negatif sentiment. But trend for medium term shown up, so price can retrace up.
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Silver Resistance and Supporting
Resistance 1 - 15.64
Resistance 2 - 15.84
Resistance 3 - 15.97
Supporting 1 - 15.25
Supporting 2 - 15.20
Supporting 3 - 15.12
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Silver in markeet .it has bearish trend to downward
& have buy pisition .now crunt rate is 15.52 it was open at
15.53 chart show us -0.1% .so take care.
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